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Updated over 1 year ago,
Looking to invest around Cosby/Gatlinburg with partners
Hey all investing newbie here. Me and 2 other friends are looking to get started on our real estate investing journey. We each have funds that we would like to diversify. We are currently looking at single family home in the area around 300-400k with 20% down and STR potential. We have been told multiple people(mostly lenders) that we might not see cashflow with 3 people unless it's a multi family unit. We are aware of this but we still want to start small to minimize risk and slowly expand. Any advice/thoughts are appreciated.