Is this a good investment strategy in Houston right now?"

It will depend on the other businesses, investments, personal and financial circumstances specific to you.

We buy a lot of non performing loans.I suggest to newcomers that they invest with an experienced flipper, fix and flipper, do at least 3 deals and understand the terminology and the way business is done before you venture out.we only accept accredited investors that are highly sophisticated

If the deal has a 5% COC return but will also appreciate 5%.. the total return on cash invested would be around 30% the first year with a 20% down payment. 

I started investing in real estate pretty early because everyone I ran into kept saying "boy, I wish I would have started younger" so I really took that to heart.

Looking to get in touch with small operations in Indiana that focus on rehabbing multifamily. It’s been surprisingly hard to find anyone doing that here so figured it’d be good to look on BP!

That will get you started with the lowest initial investment, otherwise you'll need 20-25% down.

With my current savings, is this property a reasonable first investment?

I'm relatively new to investing and need some help with my unconventional situation.First off, I'll give some background about myself.I Live in British Columbia and have been a homeowner for about 8 years. my house was appraised at the beginning of last year for $550,000 and still owe $120,000.

At least $2 million of this payment came from investor funds.