That’s an impressive start Tyson, buying at 19 and almost through your first refi is huge. 

The #1 determinant is the Tenant Pool.If you don't believe us, try putting several Class D tenants in Class A apartment buildings and watch what happens.

My advice is to get your first property from some reliable source when you can do thorough inspections and clearly understand all the numbers you are working with.

When I first started BRRRR'ing my properties lenders would tell me "That's illegal"....it's not, they just didn't know anything about it.

Eventually, Class A property values increased to the point that even increasing rents didn't allow them to cashflow upon purchase.So, the flood of new investors switched to buying Class B properties.

Purchase price: $150,000 Cash invested: $5,000 Bought as first home, Moved out after a year.

Hey Elvin,That’s a really interesting first deal — you’re thinking bigger than most new investors right out of the gate, which is good as long as you plan the steps carefully.Here’s how I’d look at it:1.

For that. it would be best to have a competent PM but most effective one's won't take class D.

.: New to real estate and investing — looking for advice on my first potential deal.A family member is moving into private care and wants to cash out on their fully paid 2/1.5 condo (~900 sq ft) in Kent.

Going this route will allow you to pay off the first property in no time then keep moving forward.