Hey BP,I am looking for referrals from investors who have used a good commercial or portfolio lender.The issue I am having with local banks is that I am in Southern California and my SFRs are in Sacramento. 

I live in Southern California where we're lucky to have a number of long-running investment groups.

Hi Everyone,I'm based in southern New Jersey, but pretty much close to Philadelphia.

I live in central IL so anything within 3 hours of me I’m willing to commute, I have reliable transportation, and family in northern and southern IL.

At a high level, if it cuts your living expenses in half or better AND will be cash flow positive when you move out, that's a pretty solid deal in southern CA.

Hi @Amber Gazzolo, I'm based in Southern California, but I have started my out-of-state real estate journey in Indianapolis.

Furthermore, I could seek to build more equity in the property and hope it appreciates (property in southern California) and then try to sell next year.

If you haven’t already seen it, I recommend checking out the Bigger Pockets Ultimate Beginner’s Guide and the entertaining and informative BP podcasts.There are also offline groups you can attend for in-person networking, like the Rhode Island Real Estate Investor Group in RI or Black Diamond REI in southern Mass.As far as buying investment/income property, have you talked to a mortgage person to see what price range you can reasonably afford?

Logan Allec 45k is not quite enough to lend in southern cal.

However, I'll want to hand over my money to developers that I know personally or who are personally known by somebody within my close network.Some of my additional criteria are:- The risks have to be acceptable;- Foreigners have to have the same rights and be treated similarly than locals;- I have the right resources on the ground in terms of people who I can work with and who can give me good advice.That leads me to Mexico, Central and South America, the Caribbean and Southern Europe.These are my criteria that fit with my objectives.