so i bought this duplex for sixty thousand dollars without a job in another state step one pick cities with lower home prices and higher rent prices this is known as the price to rent ratio it's the average home price in the area divided by the average annual rent the lower the number the more likely you'll find profitable homes in that city step to look at a lot of properties i needed to find a house where the rent would cover my expenses every month but also one where the value once fixed up is equal to or greater than one point two five times your offer loss the cost to fix up the house plus the bills that you have to pay while fixing it plus closing costs on the loan step three use a fix and flip loan this is how i was able to get alone without a w two job it's a thirteenth month loan with the twelve point one percent interest with interest only payments but it allows me to put his lowest ten percent down and they give me a loan for all the rehab i need to do hit the follow button for more tips for beginner real estate investors