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Updated about 5 years ago on . Most recent reply

User Stats

65
Posts
12
Votes
Stephen Lynch
12
Votes |
65
Posts

Finding new properties out of state.

Stephen Lynch
Posted

Hi all,

I live in Virginia Beach and it’s been very difficult to find new cash flowing properties lately for a decent price. I’m reaching out as I’d like to explore finding properties out of state. I need to find reputable agent and a broker in whatever area meets my criteria below.

Less than 250k property
20% down (50k)

Prefer to avoid HOA, but I'm not against it if the numbers work.

Up and coming cities, good job market etc

Must be in a good neighborhood/quality schools. 

2-3 bedrooms

Targeting $400 a month return per month (between cash and equity). Not accounting for misc. repairs and vacancies.

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