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Updated about 3 years ago on . Most recent reply
Brand new, no investments (yet), looking outside of Ca. Advice?
Hey everyone, I literally just signed up on BP a few mins ago. I live in California, have a very small sum of cash saved up, and I feel I'm ready to purchase my first investment in a decent area. I want to continue living in California and invest in a rental home (single or multi family) out of state. I was looking into Texas and a loan office mentioned Texas does not allow out of state investment purchases unless I live or already own a home there.
Does anyone know other states with restrictions like this?
Also, can anyone point me in the direction of some cities with good investment potential? I'd like to start researching and getting practice.
Lastly, I read through some of the forums and many ppl mention mentors. If I can't find any in my area, how can I go about finding one?
Any responses would be a tremendous help. Thank you!
Most Popular Reply
- Specialist
- West Palm Beach, FL
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Glad to have you on the forums, Aerial! You came to the right place for information! Hope you find what you're looking for here!