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Updated over 2 years ago on . Most recent reply
I need insight on how to progress
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
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- Real Estate Agent
- Columbus, OH & Cleveland OH
- 1,967
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@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.
- Patrick Drury
- [email protected]
- (614) 412-4565
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