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Updated over 9 years ago,

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4
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0
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Karee Sh
  • Corona, CA
0
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4
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Investing in San Bernandino County, CA

Karee Sh
  • Corona, CA
Posted

Hello,

I am newbie to the forum and greatly appreciate the knowledge on this forum.

I am interested in buying Condo or small multi-family (2 units) properties in San Bernandino County, California. Does anyone have experience investing in this market?

My main question is about the rental market demand, what are better cities to pick from - Redlands, Loma Linda, Colton, San Bernandino.

What price point shd b considered good, would I be better of investing in SFR ($200k) or condo ($100k-$140k), In any case my cash flow would be $100-$200

I am interested in one ppty - I have to give an offer to the seller, not sure how low can I go based on the listing price..can I offer 20% down the listing price or would it be too low?

Please pls advise, this would be my first investment property.

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