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Updated about 3 years ago on . Most recent reply

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3
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7
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Rey Jean
7
Votes |
3
Posts

First investment property

Rey Jean
Posted

Hey my wife and i are looking to buy our first investment property. we don't have a big budget, we don't want to go over $150k.

we are also think in bying land. 

1- What is a good entry market to jump into?

2-is it a good idea to start with buying properties that are ot in the state we live in?

any advice would be appreciated. thanks you guys in advance. 

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Most Popular Reply

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618
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430
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Eric Greenberg
  • Investor
  • Philadelphia, PA
430
Votes |
618
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Eric Greenberg
  • Investor
  • Philadelphia, PA
Replied

You can certainly buy in and around Philadelphia at that price point if thats your goal. I would personally steer you away from buying land. Happy to talk in more detail if buying in Philadelphia becomes your choice. 

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