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Buying & Selling Real Estate

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Patrick Houlihan
  • Rental Property Investor
3
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14
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Buying a home out of state

Patrick Houlihan
  • Rental Property Investor
Posted May 12 2020, 20:46

Hey everyone on BP, I would like to see if anyone has some experience or insight on a real estate move that I’m looking into.

I’m currently residing and working in Connecticut. We want to relocate to Florida. I work in healthcare so finding a job in Florida will be a smooth transition. We want to buy a single family home as an investment as well as live in for a few years before our kids start school. In the future we would sell or have it become a rental property.

Would I have to buy the property and close before changing jobs?

I know doing extensive planning and research on the areas and neighborhoods is advised. I would lay eyes on the property before making any offers. I’m a bit puzzled on acquiring a property from a distance and any tips on this topic would be much appreciated.

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