Is your $15k even enough of an emergency fund for you personally?  

This was my first time buying a property solely for an investing purpose, and Melissa Justice was the person that I was connected with to help me pick out properties.

Personally, I love working with distressed properties, especially foreclosures.

I would never own rental properties in my personal name.

If the offer price is too good to be true you may be dealing with an inexperienced wholesaler who doesn't know the market. 

You can see this in the graph below:The graph also shows that DOM is worst in 2024 than any of the previous 6 years:(So, you are not alone in experiencing this.Now, just don't take this as a pass to not try harder to find your own solution for this problem:)

Are there any local meet ups or websites on where to find more people who have a moderate level of experience meaning they are  somewhat experienced but still looking to collaborate and network with more inexperienced investors like myself.

Hi Treza,Not sure where you are in the process there, but when your ready to exercise financing options please reach out, it's very difficult to find a ground up program for inexperienced borrowers without having an experienced GC sign on the loan with you which in turn is not easy to find. 

If youre asking why the loan amount is only $220k and you have to bring $120k in a downpayment, then the lender is likely being conservative due to the variables of the deal (or maybe this is an inexperienced lender).The loan amount is 67% of the purchase price.

Fake income documents are easily purchased online, and inexperienced screeners often miss red flags.