Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 7 years ago,
House hacking to financial freedom in Spokane?
I'm new to bigger pockets but am loving the wealth of information here. I'm at a turning point in my life right now where I have an opportunity to really set myself up for financial success long term. I currently like in Sonoma County, CA and am in the process of closing on the sale of my duplex. I am wanting to leave the area as I can not afford a life I enjoy here. I inherited my duplex from my mother and want to create something good for myself with her legacy. I have been considering my options in terms of investment with my proceeds which will allow me to buy something outright elsewhere. I have always loved Washington and have some friends that live in Spokane and love it. They say that the city is really in a state of revitalization. I'm thinking of buying a multi-family property initially and hopefully additional properties over time. I'm wondering what your thoughts are as to investing in real estate in Spokane and what you would suggest as a jumping off budget in terms of a first property. I have up to $250000 for a property but would like to find something lower than that for my initial investment property. I would like to buy my initial property with cash. Does this sound realistic?