Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago on . Most recent reply

User Stats

46
Posts
7
Votes
Tyler J.
7
Votes |
46
Posts

I need insight on how to progress

Tyler J.
Posted

I currently own and live in a single-family home. I want to buy a duplex/triplex next, but everything in my state is out of my affordability (Denver Metro). Talking to my mortgage officer, I must rent out my current property and have a contract signed before being able to approve that as income.
Since I want to stay in my state, how should I proceed?

If any more info is needed I'm more than happy to provide it. Thanks all!

Most Popular Reply

User Stats

1,453
Posts
1,967
Votes
Patrick Drury
  • Real Estate Agent
  • Columbus, OH & Cleveland OH
1,967
Votes |
1,453
Posts
Patrick Drury
  • Real Estate Agent
  • Columbus, OH & Cleveland OH
Replied

@Tyler J.
I think you answered your own question. If you're not able to invest locally you should invest out of state. I would recommend looking in the Midwest. Columbus OH is a great place to start looking in the Midwest. It's a nice balance of cash flow and appreciation. Also, it has lots of job opportunities and population growth. I also live and invest locally here in Columbus.

business profile image
Reafco-
5.0 stars
30 Reviews

Loading replies...