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Updated over 10 years ago,
Out of state Investing
since here in Sacramento CA , the prices are so high and there are so many cash buyer investors , that there is barley any inventory left for new investors like myself , is it smart to go ahead and buy houses from websites like Auction.com online in other states (i see houses selling on last bids for less than 20K in some states like NC , TN , TX , KY , ... ) without actually looking at poperty itself ?! is there any limit or legal action that prevent a person from investing in other states for buy , flip and hold ?!