Getting started and looking for first deal.
So I have just over 10K in savings and I keep adding to it each month. Of course 10K does not go far when it comes to down payment and the last thing I want to purchase is a house in a bad part of town. So any ideas of coming up with down payment money? I would rather keep all or most of the 10K I have in the bank for reserves to start out with. I have put ads out looking for people who may want to get out of their homes for whatever reason. However, I have found some properties on MLS that would cash flow good but I get stuck at down payment amounts. Any tips you can send my way will help a lot. Love this site. Looking forward to getting this rolling forward.