Buying an out of state homeI currently live in Orange County CA and am looking to buy a property in New York as an investment. I know the area very well because I grew up there, so I don't have to worry about all the variables that could cause things to go horribly wrong. I intend to keep living in California but I am curious if there are any laws regarding purchasing property out of state as an investment property? I do not own property in California so this would be my first purchase. In terms of getting a loan would the property have to be my primary residence or anything like that?June 11 2014 - US00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.