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Updated almost 6 years ago,

User Stats

34
Posts
5
Votes
Polly Feeney
  • Northern CO
5
Votes |
34
Posts

Trying to nail down an investing location

Polly Feeney
  • Northern CO
Posted

After googling for many hours I have narrowed down my "where to invest" to the following cities:

Indianapolis

Jacksonville

Tampa

Orlando

Des Moines

Philly 

Chicago (outside chance)

Fort collins (very slim chance)

I'm looking to try to get the BRRRR ball rolling in one of these areas with my initial "all in" cash on the first investment at roughly ~70-135k. (Preferably not in D housing.) Then hopefully keep buying. I can probably get a better deal with cash in hand right? Then REFI.. I'd have to HELOC to get the full sum of this cash. (By the way, what are my best bets with getting a good deal on a HELOC? (Giant national online company or local savings and loan? Anyone know?)

The problem with the aforementioned list is that it is a very similar list as everyone else on BP here lately which means there is going to be a lot of competition right?  I'd rather find a location that isn't so saturated with investors if possible.  But then again these areas are desirable investing locations for a reason right? 

If anyone knows another great place to BRRRR right now with a chance of future appreciation send me a message... or if you have any contacts for a really good deal finder let me know. Or if you are a deal finder in one of these areas let me know. Still trying to figure all of this out. Getting incrementally smarter by the day.

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