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Updated over 2 years ago on . Most recent reply

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9
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8
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Greg Z.
8
Votes |
9
Posts

Out of state investor help. What do I do? Durham area

Greg Z.
Posted

Hi all,

I live in New York and and I cannot afford my first REI multifamily home here.

I went on a trip to Pittsburgh and the Triangle to see where I would like to invest in. I loved both, but, I ended up thinking Durham long term would be the better location than Pittsburgh. 

my question is, as someone who is out of state how do I get my feet with with the right and trusted people I'd need to at least with 1 home purchase and hopefully work my way up(long term) and potentially work my way into other areas. 

I have a general idea, but I just haven't broken that barrier. 

I am looking forward to hearing back what has worked from other on here. 

Most Popular Reply

User Stats

86
Posts
91
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Mel Adams
  • Investor
  • San Diego
91
Votes |
86
Posts
Mel Adams
  • Investor
  • San Diego
Replied

You’re already in the right place! Look for contacts here in the Raleigh forum and reach out to others who invest in Durham. Different state, but I found my agent in the BP forums. Plenty of people on here who already have contacts most are willing to share. 

If it doesn't work here, start googling, or join Raleigh/Durham REI FB groups. Just start looking and reaching out, don't overthink it. Chances are it won't be perfect your first time anyway. Just go!

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