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Updated almost 4 years ago on . Most recent reply

User Stats

3
Posts
7
Votes
Hratch Avedissian
  • Glendale, CA
7
Votes |
3
Posts

House Hack in CA or Invest out of state

Hratch Avedissian
  • Glendale, CA
Posted

Hi All, 

I'm extremely new to the real estate investing world and would like some insight from more experienced individuals. I'd like to know which of these two you'd think is a better first time investment property. House hacking in the extremely expensive market of Los Angeles? Or finalize my first deal in real estate through an out of state property. My budget is around $40,000 for down payment. Any feedback will be appreciated!

Most Popular Reply

User Stats

43
Posts
45
Votes
Rory Coyle
  • Rental Property Investor
  • Los Angeles, CA
45
Votes |
43
Posts
Rory Coyle
  • Rental Property Investor
  • Los Angeles, CA
Replied

Hey @Hratch Avedissian! Congrats man - you're in a great position. I picked up an OOS property last year (in Ohio) and just closed on my first house hack here in LA. Happy to connect and share my experience.

What is your long-term goal?

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