Updated over 1 year ago on . Most recent reply
Starting out Out of state investing
Does anyone have any tips on starting out for out of state investing. I found a property that seemed would work but a lender that I was referred to said they wouldn't be able to finance the loan because I lived out of state and they do not like doing something like this. Should I invest in my area? Problem is in my area the barrier to entry is so high it would take me so much longer. Any suggestions ?
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Julien Jeannot
#4 House Hacking Contributor
#4 House Hacking Contributor
- CPA, Real Estate Broker & Investor
- Seattle & Woodinville, WA
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Julien Jeannot#4 House Hacking Contributor
#4 House Hacking Contributor
- CPA, Real Estate Broker & Investor
- Seattle & Woodinville, WA
I'd recommend house hacking.
- Allows owner occupied financing
- Subsidized living expenses
- A soft intro to landlording
- Equity build