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Updated over 6 years ago,
Getting started... Hillsborough, Franklin, Rochester, Pittsfield?
I'd love to get some insight on how other investors feel about these markets. I've been looking around and these areas have lower property values, but will most likely have a lower quality tenant.
I'm struggling with how I should get started with roughly $30k. The routes I could take is in these markets with a conventional loan, find a property in a more desirable area that needs with and try to go hard money, or save more to get into a conventional loan in a more desirable location, or a partnership with someone that can bring equity to the deal.
This would be a second home for me, so unfortunately FHA house hacking isn't an option.
Thanks in advance,
-Mike