Updated about 5 years ago on . Most recent reply
Buying a Rental Property in a State you don't reside in
Currently live in NYC, signed a 12-month lease ending in June 2021. I'll be in NYC for the foreseeable future but in the meantime, interested in buying within the DC area (will inevitably settle down there longer-term). Any suggestions on first steps from people that have experienced this before? The big issue I feel I'm running into is how to afford paying NYC rent as well as a rental property in another state. Any workarounds here?