Quote from @Min Zhang:
Hey Heidi, welcome to BiggerPockets! You're in the right place to learn more about real estate investing. Can't wait to see you grow.
Are you planning to invest locally in NC, or are you open to invest out-of-state? I am always down to talk about real estate investing in Columbus, Ohio. I can share insights on investing on both single and multifamily properties, including out-of-state investing. I started off with a duplex in 2020 and now have a solid portfolio of rentals with my partner.
Let me know how I can help!
Hey Min, thanks for the connection! Currently, I have been looking in NC. I am not too familiar with how purchasing IP in other states work. Currently, I have been using my VA loan. However, I have enough equity in my first property to be able to potentially HELOC and use as a downpayment for another investment property. I am not savvy yet in knowing how much I should have saved to take that leap. I am also about to hit my one year mark in my primary residence- so potentially looking into HELOC-ing this property as well (in the future). I would love to expand to different states but I would need to do more research as far as specs. I would love to pick your brain. Thank you!
