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Updated about 3 hours ago on . Most recent reply
Newbie looking for buy small multifamly
Hi, I am looking to buy my first rental property. What will be the best choice in a duplex class A property with very little cash flow, and a class C 4plex, fully rented with more cash flow. I do not have a strategy now, I would appreciate the advice and any ideas.
Most Popular Reply

Hey @Anne Musa welcome to BP! Right now, the focus should be on defining your strategy and goals. Do you want to build long-term wealth through cash flow, or are you looking for something like a fix-and-flip? Once you figure that out, the property type (duplex, 4plex, etc.) will align with your plan.
Also, how much you can put down for a down payment is important. Your down payment will help determine the size of the property you can afford and the financing options available to you. Feel free to share more details so we can further assist!