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Updated almost 8 years ago,
Long Distance Investing?
Hey all - I'm new to BiggerPockets and thought I'd introduce myself. I live in Torrance, California (Los Angeles area) and would like to invest in income property, most likely duplexes, triplexes, or quadplexes. My goal is ONE for now. Seems pretty simple. However, the problem is home values out here. I own my primary residence but buying a duplex is too expensive to put 25% down. I used to live in Sacramento so I'm looking to buy there because I know the area. However, living 400 miles from my property might have some disadvantages. I'm looking for some thoughts on the matter. Any feedback would be greatly appreciated.
Thanks.