Here's why...I'm 27, I'm about to get engaged next month, I just closed on my first investment property in CO last month, and I'm moving to Southern California the first week of June. 

Multi-tenant capable lot size similar to what I had done a few times in Southern California.

Has anyone house hacked in southern DeKalb county?

Michelle, you might try Southern Impression Homes. 

If you buy a property you can refi the very next week.There is 2 sides of refi, one that you are taking the cash out and you can do whatever you want even buy another property, and another is the you are thinning out your cashflow and your mortgage might be too high and the rent might not be able to cover it.When you are buying your property, make sure to find one that you can still cashflow even after your refi (very hard to find this kind of deal in southern ontario).

Account Closed you've received some good comments here and hopefully it gives you a little better idea of where you should go in this process.Since the refinance would put you negative $850 cash flow a month it is best not to do it at this point in time unless the property you are buying will cash flow more than $1,000 a month.As many have stated the best option would be to sell the property, either buy additional out of state properties that cash flow or buy something else here in the Los Angeles area that will see significant appreciation over the next few years.As you know it's very difficult to cash flow here in Southern California so most of my clients buy here for appreciation and out of state for cash flow.  

There is still this stigma in a large portion of the Southern suburbs after all this time.

Hi @Wei Li, I've helped many southern Californian investors buy into multifamily properties across the country. 

I am looking into purchasing tax deed here in southern New Mexico.

I'm an investor in the southern Ky area and focus on multi family housing.