A BP member approached us wanting in on a deal in Orange County, as he was in a 1031.

Seeking Experienced Multi-Family Broker in Orange County, CA.

Sounds like a thorough inspection by an extremely qualified and honest inspector is crucial to prevent picking up a lemon. 

Hey, I'm a new investor living in Orange County.

He was coming from over an hour away in Orange County!

@@Daniel Mohnkern I used to worry about people taking advantage of me too. for a first time investor, making that first deal is crucial to getting off the ground.

I guess my question for me is how do you find the best market when trying to invest out of state as I currently live in Orange County California and theres not much inventory for 2-4 units to have cash flow. 

Investors should be focused on speeding up the transaction to minimize holding costs and maximize overall profits, which is why it is crucial to have a buyers list ready to go.

This means high-profit margin on the flip (+40k or +22% ROI) but less than desirable LTV which is crucial for a refinance and your eventual cashflow.The issue with going for a Grays Ferry, Brewertytown, True Port Richmond, East/Olde Kensington, Point Breeze is that your debt service will be so high due to the cost to compete.I'll shoot you straight with this strategy, these places you will not see full gut rehabs now nor will you see a baker's dozen of comps to justify full cash-out refinance.

I will say that Orange County (most of Orlando) is experiencing long delays in permits, so you will need other housing while its being built.