Hi, I am a new investor looking for my first deal around Sacramento, CA but do not have the confident to pull the trigger.

Originally posted by @Nick Foster:@Jordan Max, based on your above comment, it may be a good idea to reach out to top performing African American real estate agents in D.C., as well as business groups within DC with many African American members.

If I had more confidence that I would be able obtain tenants quickly after purchase I wouldn't be so questionable on pulling the trigger on a vacant property or a multi family that has one of three units occupied.  

I would not have wanted to take their cash until I was confident I could protect it and use it well.It's great that you have a plan.

My dad being apart of my team is a big reason I am confident to buy out of state.I am considering doing roofstock for my next rental.

After talking to the guy, he knows the value and is confident that it will go for well above asking price, but I have to at least make an attempt.

@Dave Foster  if we can get him on the line is an expert at this..Also as stated watch out for your dti on the CFD  .. and yes landlording can suck at times .. 

I always had SFR and duplex's previously-and still have 2 duplexes.Having 12 units under one roof gives you much better economies of scale-I increased the rents and improved the units as tenants moved out and now have the confidence and experience to tackle 30 units at this point.

It will be really squeaky and tight on money, but maybe Dad could spot you some 'gift' money that if disclosed, should get this bird up and flying.Or, IF (this is a BIG IF) you are confident that you could make the payments no matter what on the existing HELOC, you might talk to Dad about putting the property into a proper Trust, and take the property subject to the existing loan via a transfer of the beneficial interests of the trust.   

@Dave Foster Thank you!