Under $400K flips often hit the sweet spot—larger buyer pool, quicker sales, and less exposure to carrying costs.

I'll keep my advice short and sweet since so many great tips have already been shared!

I was in the same spot as you when i got into real estate.

BiggerPockets also offers paid bootcamps that walk you through deals step-by-step.Overall, you’re in an excellent spot.

Garry, you’re in a great spot.

Nicholas, you're in a great spot.

@Blake Armstrong,With 20% down you might have a tough time cash flowing, maybe if you could put more down for a smaller spot? 

Having hands-on skills in repair and remodeling is a huge advantage when starting out, especially for flips or managing rentals.One tip I’d share is to focus on building a small local network of agents, lenders, and other investors who can guide your first deal — it can make the process much smoother and help you spot opportunities faster.Curious — are you leaning toward single-family rentals, flips, or a mix as your first investment?

One spot has a spring on it. 

They can often structure more flexible financing or spot creative options, like portfolio loans or seller seconds, once you’re ready.When it comes to sourcing off-market deals, consistency is everything.