Purchase price: $110,000 Cash invested: $37,000Investment 01After analyzing the property and the market I took the leap and purchased myself. 30% Down - 2.99% Rate - 15 year - Market Rental Rate - $1595 per monthCondo HOA Includes Trash, Water, Sewer, Outside Maintenance, Parking, Pool, ClubhouseMinimal repairs needed and immediate cashflow the days after closing.Next investment goals will be in Orlando, Florida & Puerto Rico.What made you interested in investing in this type of deal?

First would be to search the online listing, see what's available and practice analyzing/underwriting the deal to make sure it makes sense.

If you're looking at multifamily, Michael Blank's Syndicated Deal Analyzer is very popular.

We have also secured a real estate agent who will only take 4% commission and who will guide us through the process.Obviously our plan is very elementary in nature as we have analyzed a minimal amount of deals and are not entirely confident in our abilities to determine the ideal purchase. 

I think the neighborhood is growing in popularity, to me it seems like a promising neighborhood to invest in.

I am looking to connect with someone who is good at analyzing properties and coming up with on point numbers as this is key when finding deals.

New to bigger pockets community, however i have been studying and reviewing tons of information from books and podcasts regarding rental properties. I am from regina sk, Canada. i currently have a single rental proper...

Make sure you are analyzing the properties really well before purchase and make sure that it will cash flow properly when you refinance out of it.

I have analyzed a few properties and the numbers weren’t fantastic on the first few...

After analyzing, $750,000 wasn't worth it either.