1031c or BRRRR on an investment condo in Los Angeles

[Aaron T.]

Hey all! I'm new to REI, with one rental unit in Los Angeles. I now have about 40-50% equity based on the appreciation of the home (conservatively). I'm considering a couple options, such as a cash out refi (to buy other properties, probably in the midwest or south). I suppose this would be like a modified BRRRR if so. I would love to connect and chat with others who may be in a similar position.

I've been fascinated by all the stories I've read on here and I am just diving into all the podcasts and blog posts. Cannot wait to connect! 

Thanks! 

[Aaron T.]

Thanks for the reply Noah! Yes, I think that makes sense. I'm currently looking at cities in Ohio, perhaps Cincinnati or Columbus.