All Forum Posts by: Vivien Martin

Welcome to BiggerPockets Viven, and congrats on taking the first step toward real estate investing! Starting with a small multifamily property is a fantastic idea—it gives you a chance to live in one unit while renting out the others, which can help offset your mortgage and build equity faster. It’s a smart way to dip your toes into investing while securing your first home.

You’re not being too ambitious at all! Plenty of successful investors started right where you are. Just focus on running the numbers carefully to ensure the property cash flows or at least covers expenses, and don’t hesitate to lean on resources here for advice.

If you're financing, look into FHA loans, as they're great for first-time buyers purchasing up to 4-unit properties with low down payments. Wishing you the best on your journey, and feel free to reach out if you have questions along the way—this community has a wealth of knowledge!

Hi Vivien, welcome to the community!

This is a great place to learn and to connect with people so take advantage of all the great resources.

-Julio

Welcome Vivien!

Great place to kick off your REI journey. Make sure you tune into the podcasts and read some of BP's books!

Hi @Vivien Martin,

Welcome to BiggerPockets and congrats on starting your journey into real estate investing! A small multifamily property is a smart choice for a first investment—it offers a great balance of income potential and manageable scale for someone new to the space.

Don’t worry about being ambitious; it’s clear you’ve done your homework, and you’re already ahead of the game by setting a clear goal. The forums are full of experienced investors who are happy to share advice and tips to help you succeed.

Best,

Jarret

Hi @Vivien Martin, welcome to the BP Forum! Do you have a price point you're targeting and are you looking for turn-key properties or something along the lines of a "fixer upper"?

Thank you Jaycee! Still figuring out the price point. Ideally, looking for turn-key properties