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Updated about 9 years ago,
Newbie in Cape Cod MA
Hello BP members. Been on BP for quite some time but have yet to acquire my first property. I was doing some self education and have finally concluded I am leaning towards multi-family/ buy and hold.
One of my problems is there is not too many where I live and this place is fairly expensive for real estate. I am looking at areas about 1-2 hrs away from me which have more of these and much cheaper prices. Obviously the neighborhoods are not as good, but I am looking at cash flow that if all goes according to plan, will finance more properties in higher income areas. I am also willing to relocate to make real estate work out for me.
Anybody familiar with the Massachusetts area and constructive advice out there?
Thanks,
Andy.