Newbie in the OC area California, bad place to start?

[Nathan Salazar]

Hello everyone 

I live in Orange County California , Santa Ana to be exact. I want to start investing in rental homes and as you know Orange County is very expensive. To top it all off I have no money for a down payment and my work income is less than 20k a year. I've been looking at other areas around my county and they seem to be around the same everywhere . I was wondering if I should consider looking out of state or stay local and keep looking for the best deal to suit my needs. 

Thank you ahead of time for the advice. Any feedback is appreciated.

Bigger pockets rules! :)

[Joseph Quinones]

Nathan,

As a Rookie Investor myself, I am preparing to start Wholesaling properties to bring in more money. 

Consider starting with Wholesaling, and also build your network with Hard Money Lenders if you are looking to buy/rehab properties.  Even if your income is less than 20k/ year, there are ways of acquiring money to start investing.  Don't be afraid to invest out of state or outside of your comfort zone, that is what will make you tons of money!  

I live in Manhattan now, but am originally from Temecula, CA and understand my market and the market in So Cal are not good for us as Rookie Investors... let's not let that deter us from our main goal.