Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated about 6 years ago on . Most recent reply

First deal ideas
Hello Bigger Pockets!
So I'm looking to get into something here in San Antonio, TX. I have 20k waiting to invest plus I have the option of partnering with a friend of mine that can match my 20k. What would be the best options to start and would it be best to go solo or partner up.
Thanks,
Brandon
Most Popular Reply

@Brandon Marr your best bet is flip a house and then use those funds to invest in cash flow. I would use a hard money lender for the purchase and fund the flip yourself. Look for houses with about a $100k spread with an ARV of $200-$300k. Then what I do is leverage my profits and use a HML that offers a rental loan with only 3 points down and buy as many doors as you can with units sizes that range from 1-4.
Arissa