Go big or go small for first multifamily purchase?

[Meesha Parker]

In your opinion, which would be better for a first time investor with over $150k? 

1. A higher value property, 2+ units with decent to good - eventually great - cash flow? Potentially a one-and-done.

OR

2. A smaller multifamily. 2-4 units. Less capital risk, less cash flow, less appreciation potential, etc.   

[Robert Finn]

Me personally I'd go with #2 and find a value add or a live in flip property. There are a lot of learnings that go along with multifamily investing and it's good to have some reserves incase there are issues down the road, especially if there is major rehab in the pipeline.