Starting with SFR vs. Small Multifamily vs. Small Commercial

[Kyle Neff]

Hello BP Family!

I have been researching for months now on the various ways to start investing in Real Estate. I asked the question in my last post regarding out of state investing and received a tremendous response with some very helpful feedback - thank you everyone!

To take this a a little further, I have also been wondering whether I should start with Single-Family, Multi-Family Residential, or if I should dive into Small Commercial (somewhere from 5-10 units). 

I know a lot will depend on the market and cost barrier to enter, but I am looking in both my home market of Atlanta, GA and surrounding area, as well as in Ohio - Cincinnati, Dayton, Columbus, Cleveland. 

I am curious to hear whether it is even possible for me to get a small Commercial loan because it is my first investment property, or whether I should dip my toe in with a smaller property and let the experience teach me, then expand out later.

Looking forward to any insight the BP family has to share...thanks in advance!