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Updated 1 day ago on . Most recent reply

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Dionte Griffin
  • Inglewood, CA
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Seeking Advice on a first deal

Dionte Griffin
  • Inglewood, CA
Posted

I am new to real estate investing. I am looking to buy my first deal. I live in Los Angeles where the houses are expensive. I do not have much money.  If you were starting off, would you

A. Buy a property with a FHA loan with 3.5 % down  and house hack .  Or

B. Buy a property out of state where the houses are cheaper and rent it out.

Where should I start?

  • Dionte Griffin
  • Most Popular Reply

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    Drew Sygit
    #2 Managing Your Property Contributor
    • Property Manager
    • Royal Oak, MI
    6,083
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    Drew Sygit
    #2 Managing Your Property Contributor
    • Property Manager
    • Royal Oak, MI
    Replied

    You will learn so much more buying locally and self-managing.

    Once you do that, you'll have a better chance of succeeding at OOS investing.

    business profile image
    Logical Property Management.
    3.0 stars
    2 Reviews

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