Updated about 6 years ago on . Most recent reply
What is the best deal you've landed In South California
I've been analyzing deals for a couple months and the best I've found is .6% purchase-rent ratio. No one meeting the 1% rule. Someone has had any luck lately?
My strategy is buying a property, touch it up while living in it. Then slowly improve it so I can rent it after 2 years. I'm already approved by the lender, have proof of funds, have made about 7 offers and 3 have countered with a higher price that throws a .5-.6% ratio.
Any ideas as to how to improve my search and find that killer deal?
That will be much appreciated!