Quadplex or Small to Medium Apartment Complex?

[Jake Thompson]

Hello fellow BP investors, my wife and I have a decision we have been going back and forth on. We know we want to invest in real estate, eventually getting into 100+ unit apartments, however we aren't sure how to get started. We would like to buy an apartment around 20 units, however we do know financing will be difficult as we will need to do seller financing, bring in outside investors, or use some other means of creative financing. All of those will be tough since we have no experience. The other option is to purchase a quadplex using the VA loan and live in one of the units (we are both active duty military in san diego). Either way we will be hiring a property manager. We have also considered a smaller, 6 to 10 unit apartment complex. We both have a lot to learn and welcome any suggestions! Thank you in advance.