Build a Single-Family Portfolio or Go Straight to Multifamily? 🤔

[Mario Niccolini]

Hey BiggerPockets community,

I’m in the process of defining my investment strategy, and I’d love to hear from those with more experience.

I have enough capital to pursue one of these two paths:

1️⃣ Build a Single-Family Home Portfolio: Gradually acquire around 20 SFHs using the BRRRR strategy or focusing on positive cash flow properties. This approach would allow me to learn with each deal and minimize initial risks.

2️⃣ Go Straight to Multifamily: Instead of starting with SFHs, I could spend time learning the multifamily business and go directly for a 20+ unit building, maximizing scalability from the start.

I have no experience with either strategy.

If you were in my position, which strategy would you choose and why? Have you followed either of these paths? What challenges did you encounter?

I really appreciate any insights you can share. Thanks in advance! 🚀