Hey all, I’ve finally gotten into contract on a single family home as my first investment property.

I am happy to finally join the BP community and look forward to connecting and working with people through here.

You're right, between getting pre-approved to starting the search, viewing many properties, making offers, getting offers rejected, finally getting one accepted, then having it fall through (after the inspection, for example), then going back to looking at properties, finally getting an offer to stick and taking it to closing (which could take 45 days or longer), then doing the rehab -- it could take a while! 

Meaning, you start small, in a different area of real estate and finally after 10 years you can test the commercial real estate waters?

So, all of it has been a slow and patient go, but I have been able to work my way up in gross rents, total cash flow, quality/physical condition of buildings, property value and finally appreciation potential, all while learning the business with first-hand experience.

He was not a fan of SBA loans due to most of them taking ages to finalize and having all sorts of requirements not present in other financing options.

Property #3, same.She ended up under contract SIX times before finally closing.I am fortunate to have the freedom to turn down clients I don't want to work with.

Listening to the bigger pockets podcast has gotten my business partner and I in the right mindset and after 7 months of searching for deals almost daily, we finally found one that fit our budget.

The "someone with rentals can't have a home office" Is LITERALLY the final argument that caused me to quit working for a CPA firm. 

We went through 2 realtors and 3 contracts to finally close.