http://apps.alleghenycounty.us/website/munimap.asp without knowing neighborhood and street its hard to give advice - there are still some “war zones” in the area Looking at the numbers - That capex is low for a percentage.

I am having a hard time bringing myself to look at anything less than six, it just does not offer the cash flow I want.

Just from renting rooms in your basement, why is it so hard to find someone to fund the project, with those income numbers....

It is hard for me to give much advice without knowing the property address, number of bedrooms and bathrooms and the approximate square footage.

Don’t be too hard on yourself, look at it like a learning experience.

Thanks Lee, but the Los Angeles (city) building code is very hard to decipher, and the city gives conflicting opinions when asked (after 1+ hours waiting in line), and no authoritative opinions before submitting complete plans.

Hi Tom,Hard to know what your next steps should be without knowing your background.If you have zero real estate experience but have a strong business background, you can use those skills to become a syndicator, as long as you find a partner with operational experience.

Many credit cards can finance 25K at an interest slightly higher than hard money lender with no prepayment penalty.

Hi All, I just wanted to get some ideas on where I should be looking for a loan or hard money to purchase my first rental property.

Its so hard to feel like you're paying people for being crappy tenants, but it would have been worth it in the long run just for my own sanity.Good luck on the endeavor!