Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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.
New Member Introductions
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 over 3 years ago,

User Stats

1
Posts
0
Votes
Dayne Deantoni
Pro Member
0
Votes |
1
Posts

First Rental Property

Dayne Deantoni
Pro Member
Posted

Dear Bigger Pockets Pro community, My name is Dayne I am 19 Years Old I am new here and am looking for advice to do my first "deal" within the next 90 days. I know the niche I am wanting to get into, which is in multi family! I am leaning more towards a tri or quadplex (Fort Worth, TX) since I have been hearing it takes the same Property management skills as a duplex and generates cashflow every month besides the duplex would just be covering my rent, don't get me wrong I would absolutely love that just starting off as well... but would rather have the extra cashflow coming in to help put towards another property ASAP if at all possible. I have $30,000 saved up besides what I have in my other assets to get my head in the game of RE investing, should I even have to put that money down at all? To simplify I will write the quick questions I would like answered below. 

Does it matter whether I start with a duplex or tri/quadplex?

Is there a way I don't need to put down any money or less at the very least?

Thank You!

  • Dayne Deantoni