Buying 2nd investment property.

[Patrick Thomas Dickinson]

Hey everyone ,

This my officially my first bigger pocket posts in the forums, I am sure there will be many more.  Ill make this short and sweet.

I own one single family home in California in the Bay Area that  has decent cash flow and Looking to buy second property wondering peoples thoughts. ? 

Single family vs multifamily - I am leaning towards multifamily your thoughts 

Best markets for single family in the U.S 2021 

Best markets for multifamily in the U.S as of 2021 

I am currently pre approved for 350k. My down payment will be 25% on the property 

Ive been in contact with agents in florida, texas and ohio already. 

How are you analyzing your deals quickly being that there are so many homes out there ?  I want to be able to say yes or no quickly based on the numbers. 

Thanks for any feedback on any of my questions 

[Brandon Goldsmith]

When you have multiple markets in mind that fit your criteria it pretty much comes down to building a team when investing out of state. You should have a decent understanding of the market to start and if the purchase prices rents and sales comps in the areas fit the deal, then it should be a streamlined process from there. Best of luck @Patrick Thomas Dickinson