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Updated over 7 years ago on .
[Santa Monica] Investing outside of hometown...how to approach?
Good evening everyone,
I live in Santa Monica, and without a ton of money it is nearly impossible to find a deal! I am looking to get into some multi-family deals and have narrowed down to a few possible cities shown below:
- Houston, TX
- Minneapolis, MN
- Fresno, CA
- Bakersfield, CA
- Burbank, CA
- Canoga Park, CA
- Riverside, CA
I have a few questions for the community!
- Without having access to local MLS, what is the best way to start finding deals around here?
- Assuming I find some possible deals, how do I begin approaching GC's to help me get accurate construction bids for value-add properties?
- Should I approach local lenders or go to my national bank to become pre-qualified?
Thanks in advance and if you have any info on any of these areas, please do not hesitate to reach out! I love meeting new people and discussing deals!