Depending on your finances you don't necessarily need to start with a duplex, but I wouldn't go any more than 4 unit if you're going residential.

I have a portfolio of SFR out of state, but I am looking to start doing some deals on LI and want to build my network up here.

Hi Benjamin, call three insurance companies and get a quote, start there first.

When you are creating notes from the start with the intent to sale, you can also consider a 1st/2nd structure that can help you achieve similar results as a partial but start getting cash flow sooner. 

Start small with duplexes or triplexes, analyze deals carefully, and build a team of local experts.

This is part of the impetus to get started now that plus likely qualifying for financing easier with my current income. 

Now, my journey starts.

There is a ton of areas so I would start with where you are located at, within a 30 min drive

Dont know where to start any suggestions will be great thank you For the 300k property they are probably not going to let you pull any money out based on the amount of credit you already owe.

Hello everyoneI am new here and want to get started in real estate.