Purchase price: $28,000 Cash invested: $40,000 Bouight this property in one of the worse street in this town.

I never did hear back from the owner who I reached out to originally to get his plans with the property and what rent rolls could be and current/future expenses on the property, etc.

However, you need to learn about it specially the legal aspect behind it so you comply with the SEC but yes, it is possible you can buy properties without using your money.

You have 45 days to find a replacement property and you can ID 3.

A property or two will not be your ticket out.

This is counter-intuitive to my goal - slow and steady save to purchase our first investment property (with more to follow). 

I have a property in Fort Wayne that I own free and clear.  

It will just be more of an explicit part of the price negotiation when buying a property.

It needs a lot of work, but my main thing I need help with is this old shed behind the property.

I didn't phase that correctly and should have put an emphasis on "Traditional Sale".I am willing to sell but want to do it "creatively" - if you will - to generate funds and positive cash flow from the note I would hold against the property.