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Updated over 3 years ago on . Most recent reply

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Justus Angan
  • Investor
  • Northern California
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$150K...top places to buy free and clear?

Justus Angan
  • Investor
  • Northern California
Posted

I currently live in California. Have a primary family home but looking to start diversifying into real estate. Have about $150K cash to invest. Not much you can buy free and clear out here, so looking out of state. Where are some good up and coming areas to look at?

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149
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Jeffrey Albaum
  • Investor
  • Austin TX
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149
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Jeffrey Albaum
  • Investor
  • Austin TX
Replied

@Justus Angan check out the latest BP episode (#569 as of this writing) - they do a really good job breaking down the difference in "risk" of owning properties outright vs. having a mortgage on them...was very interesting to think about it from that perspective.

Hope this helps!

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