Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 14 years ago on . Most recent reply

User Stats

1
Posts
0
Votes
Josh Lasserre
  • Real Estate Investor
0
Votes |
1
Posts

Looking for advice on maximizing first deal(s)

Josh Lasserre
  • Real Estate Investor
Posted

Hello,

I want to invest in rental property to develop cash flow. I'm most interested in 4 plexes.

I have $10K to invest and plan to have two separate family members who would be first time homeowners buy two separate 4 plexes with 3.5% down. The 10K (gifted) would split between them and used as DP money (approx. 5K each).

Does this sound like a strategy for maximizing the 10K that I have to work with?

How can this be taken a step further in order to aquire more property?
Thanks, Bonton

Loading replies...