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Updated over 5 years ago,
How much can you afford with 200k
I have a very generic question and I just want some opinions from investors in Los Angeles.
Let's say if you have about $200K cash, annual income of about $130K and no other loan under me, what would be the price range you would be looking at for 5+ unit multi family in Los Angeles?
Of course I have to analyze details and every properties are different but I just wanted to get some generic numbers where brokers will not think I am not daydreaming something nonsense.