Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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 on .

User Stats

1
Posts
0
Votes
Dayne Deantoni
0
Votes |
1
Posts

First Rental Property

Dayne Deantoni
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