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All Forum Posts by: Kethric Cottrell

Kethric Cottrell has started 1 posts and replied 3 times.

I am in the same predicament Surya. The bay area is really difficult place to find a great deal (in my price range $400k - $500k) I have been searching for a 4 months single family or multi. I have decided to look in Vallejo for single family and Stockton/Manteca/Lathrop for multi family. If you find a great area please don't hesitate to share. I hope my input was helpful. Best of luck 

Makes sense to me. I didn't even consider taxes and I definitely don't want any "surprises" especially as a rookie. I appreciate the advise Mr. Manson. 

Hi Everyone,

My question is when searching for a lender for an out of state investment does it matter if they are local or not? 

Are there special requirements a lender would place on the loan if the property I want to purchase is out of state?

Has anyone had experience with receiving a loan from a local credit union for an out of state purchase?

Any advise would be helpful. Thanks