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Credit and mortgage advice › Forums › Buying Your Home › Buying a Home in Los Angeles › First Time Investor
Hello everyone! I have for the past few years been saving up some money and I currently have it in the bank making nothing in interest. I would really like to buy a property as an investement but I honestly have no clue on how to go about it (I’m an engineering with no real estate or business background).*
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Would someone be able to give me some advise and guidance?
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I currently reside in the Los Angeles county but wouldike to invest in a property that I can pay in cash ($70,000 or lower) so I’ve been looking at properties in Las Vegas because they are rather cheap. Being from California, are there any things that I should know about if I purchase a house in another state?
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Thank You!!