Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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 almost 4 years ago,

User Stats

1
Posts
0
Votes
Lucy Tashdjian
  • Canoga Park, CA
0
Votes |
1
Posts

Purchasing an Investment Property with 60k

Lucy Tashdjian
  • Canoga Park, CA
Posted

I live in Los Angeles and have 60k cash to invest. My goal is to live off of passive income. I know LA is more of an appreciation market vs cash flow so I am thinking out buying a SFH out of state and renting it out.. maybe Arizona.

Curious to know if this is a smart move or if there are other strategies I should consider. 

Thank you!

Loading replies...