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Updated about 8 years ago on . Most recent reply

User Stats

10
Posts
5
Votes
Vincent B.
  • Rental Property Investor
  • Los Angeles, CA
5
Votes |
10
Posts

Buying multi unit family homes

Vincent B.
  • Rental Property Investor
  • Los Angeles, CA
Posted
Newbie from Los Angeles here. I was approved for $210,000. I wanted to buy a multi family home here in LA but Everything is too expensive here so I'm thinking of investing out of state . Does Anyone have any ideas or advice on how I should go about this. I'm stuck in between a rock and a hard place. One of my main goals is to eventually quit my job and live off of income properties. I honestly don't no where to start.

Most Popular Reply

User Stats

126
Posts
74
Votes
Tobias Falzone
  • Real Estate Agent
  • Orlando, FL
74
Votes |
126
Posts
Tobias Falzone
  • Real Estate Agent
  • Orlando, FL
Replied

You might also look into the Las Vegas or Phoenix markets if you want to stay in a major metro.  You can find lower price points in both of those markets and are drivable from LA.  Scott Bartlowe is a knowledgable agent for multifamily in the Phoenix area that I used in the past and he likes working with out of state buyers.

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