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Updated almost 6 years ago,
Complete Newbie with 700k to invest... but in San Diego...?
Hello everyone,
Newbie here, but I'm serious to get started investing. I've read enough, watched enough Grant Cardone videos and I'm ready to invest. I'm still educating myself but I'm committed to making an investment within the next few months (or if the right opportunity presents itself I'll invest sooner).
I know for sure that I DON'T want to invest in SFR and I really want to invest in Multi-Family but Multi-Family in San Diego isn't cheap and 700k doesn't get me far here. I'm thinking of looking in other markets, like Utah since I know some people there that can help, but I keep hearing it's best to invest where you live.
Any advice on the best way to get started in an "expensive" market?