We seem to have similar game plans.

so im new to this site as well as to the investing game. i currently own a property which is rented by my property manger ( my real estate agent). im earning a positive cash flow since it was purchase paid in full no mortgage.

It's all a #s game since it's all about timing to get people that are motivated!

If the seller isn't willing to play by my terms and sell at a price that makes sense for me, the decision is pretty simple - I walk.If they need to know the specifics of how you came up with your offer price, then yeah - feel free to include the PM fees as part of your reasoning.

Fine with me, I played upon their fears and got a better offer out of it.I did not know it could be for such simple items such as this.

Keep letting us know what's happening as you start playing...

I'm 100% new to this game with a starting focus in wholesaling and then moving to rehab/buy and holds.

If the city won't play at least you are still spending what is an acceptable amount to him.

Hello all, one of the things i am wondering as I contemplate how to prepare to get involved in the real estate game is getting a mortgage for an investment property while i already have a hefty home mortgage.

It's ok to play nice in the sandbox.