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Updated over 3 years ago,
First Rental Property
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!