All Forum Posts by: Dennis Cid

I'm actually looking at Glendale. I wouldn't be living there. 

thank you all!

yes

Mike. I do not own a home yet. 

thank you. Yes I have if I rent the CA home the after cash flow is $1000 more at the end of the year then AZ

So I am close to buying my first buy and hold Duplex, I am just torn between buying in my home state of California or in Arizona where I have friends and family to look after the property. I am undecided because my 3.5% down here is the 20% I need to invest over there. In California I would be looking at duplexes here around 400k but they are not in the best areas and I would have to live there for a couple years before I can refinance and move out. In Arizona I would be looking at properties around $100k and would be making around $400-500 a month. My other hold up is that if I move out of the California place I would break even in the best case scenario and the Arizona property is positive from the jump. I am leaning towards Arizona but I guess I just need some reassurance. Thank you!