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Updated about 8 years ago,
Hello! First time post and thinking of commercial Multifamily
Hi BP!
Joined a few months back and have been reading the great discussions. This is my first post to BP. I'm excited to join in and contribute to the community!
Currently, I'm strongly considering selling one of my properties (1031?) to help fund purchase of multifamily out of state. The areas I'm most interested in are Salt Lake City/SLC, San Antonio, and Orlando markets.
Open to suggestions/others as long as it makes sense from a numbers perspective. I'm also interested in connecting with any brokers to develop relationships and discuss opportunities!
I'm really interested in hearing any members who have had experience getting into multifamily commercial properties out of state for the first time. And if you had success with it? And any wisdom or advice they'd share getting started + pitfalls to avoid.
I'm continuing to learn, read, research. And love all that this community has to offer!
Andy