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Updated over 3 years ago,
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Hi Biggerpockets Fam!
So I recently just purchase a 2 new single-family homes with my dad in the city of Victorville,Ca. We have tenants setup for the first property and the second home will be delivered to us at the beginning of November. Now that I've taken the first steps into financial freedom, I need some guidance into expanding my real estate investment outside of California. I hear that it's best to do so somewhere in the Mid-West of the States, but I have no sort of guidance in how to do so. Any suggestions? Don't really know how to proceed after these two properties. Should I refinance later in the future to withdraw that money and invest it in a BRRRR strategy or how would I go about this? Any insight and help I do appreciate it. Thank you guys!
So I recently just purchase a 2 new single-family homes with my dad in the city of Victorville,Ca. We have tenants setup for the first property and the second home will be delivered to us at the beginning of November. Now that I've taken the first steps into financial freedom, I need some guidance into expanding my real estate investment outside of California. I hear that it's best to do so somewhere in the Mid-West of the States, but I have no sort of guidance in how to do so. Any suggestions? Don't really know how to proceed after these two properties. Should I refinance later in the future to withdraw that money and invest it in a BRRRR strategy or how would I go about this? Any insight and help I do appreciate it. Thank you guys!