80K-120K available for REI, what to do?

[Agustin Jimenez]

I have 80k-120k available for investing. I believe it would be smart to start off with a duplex or triplex as my first deal but I would like to know if there is a way to not tie up all of my savings into one property so that I could potentially buy another later on. 

I live in Southern California Los Angeles area, have a W-2 job in Irvine and no expenses or debts, with an excellent credit score. 

I am open for any suggestions whether it is for a rental property or any other way to invest my savings. I am here to learn.

Thank you

[Joseph M.]

Agustin Jimenez do you currently own your own home ? If not you could look into buying a 2-4 unit property with a FHA loan (3.5% down ) live in one unit and rent out the others .

Are you looking to invest locally in Southern California or elsewhere ?

Also look into the BRRRR method. This is where you buy a property , rehab it , rent it out , refinance and then repeat . This way you don't have to keep saying up for downpayments and you are basically "recycling" the downpayment money .

Best of luck