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Updated about 7 years ago,

User Stats

5
Posts
3
Votes
Marco Paglialunga
  • Menlo Park, CA
3
Votes |
5
Posts

Looking for my first deal here in the USA...any suggestion?

Marco Paglialunga
  • Menlo Park, CA
Posted

Hello everyone!

I'm new here in the BP community and I already love it! I moved from Italy (where I already invested in real estate) a couple of years ago and I'd love to start investing here in the USA.

The area where I moved (SF Bay Area) is not what I'm looking for to invest (and not what I can afford for sure), so I'm trying to understand how to invest out of State ( I've already read "Long Distance Real Estate investing").

I have a $50,000 budget, I plan to finance, and I would love to start with a rental property (3+2 SFH, nothing more than cosmetic rehab, good tenants neighborhoods with good schools, in cities with +100,000 population; Kansas City, Indianapolis, Detroit). Any suggestion on other possibilities? Would you look at duplex/triplex?

What would you suggest for my low level of expertise and my initial budget? 

Thank you os much in advance!

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