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Updated about 4 years ago,

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Need help getting 1st investment property!

Posted

Hello BiggerPockets Community!

I am obviously new to the forms but have been watching plenty of youtube videos and even recently became a real estate agent. Recently I came under a lot of money (not going to explain how or exact amount) and decided I need to start my investment property journey! I am in Arizona and I have been scouting for multifamily for the last 2 months. I have been scouting out for small multifamily so I can qualify for FHA 3.5% Down (duplex, triplex, quadplex) but I have considered getting a single family and trying the BRRRR method worst case scenario. As many in AZ know, the market has been blowing up and many houses sell in days if not the same day even. Because of this, I have struggled to go and see a place, run the numbers, and THEN place an offer that works in my mind. So I'm here asking what are the best ways to discover multifamily? Such as an investment brokerage or wholesalers and if they are worth it.

Also, since I am so new new to this, any and all books/podcasts/media are well appreciated.

Thank you all!

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