First Investment Property

[Trevor Jaworski]

I’m looking for some advice from experience BP community :D

I'm currently stuck in analysis paralysis and am trying to decide which vehicle I want to use as a first investment. So far I have it narrowed down to two options that I can use. I am working on limited funds <$10,000 and am looking into the BRRRR strategy (but would need to use a hard money lender) or use a conventional FHA loan with 3.5% down payment on a duplex and house hack.

What are your experiences with both options, and what are your feelings on them for a first investment property? I am looking in the Pittsburgh area where duplexes are in the $100k-$150k range and single family homes that I would use the BRRRR strategy on range from $50k-$70k with an approximate ARV of $120k.

All input is appreciated!