Looking to jump into the water with 46,000$ OOS

[Kevin Hintz]

Hey! So I’m a week away from the money involved in a cash out refi hitting my account. I’ll have around 46,000 ready to go and I’m ready to take the leap.

I live in Tacoma, WA and the markets up here are not going to work for my goals so I’m trying to set up something out of state. I’d like to get started in multi family with high cash flow and not to focused on appreciation at all.

What markets should I be considering where I could even find a multi family with this amount of money available for down payment? I would like to talk to some agents and property management once I get the location dialed in here. My guess it it’s gonna be pretty hard to find what I’m looking for with this amount of cash, but any and all advice and recommendations would be extremely helpful.

Thanks for taking the time to read this!

[Drew Sygit]

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