How much did you spend on first deal?

[Thomas Berridge]

Just trying to get a feel for what price brackets most started out in? And how did you finance your first deal? Also, is it possible to fund a deal with an IRA and not be penalized for taking money out?

Between credit, IRA, cash and a partner I'm hoping I can find a deal that will work out. I plan to start small. Even if I don't make a devent amount of money I will go through the motions and learn for the next deal. But being on the plus side is always good too. Also, do you guys prefer fixing up rentals or fixing flips? I've heard rentals are the way to go but I kinda like the flip idea and move on. Not sure I'd like being a landlord, but never been in those shoes either!