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Updated about 5 years ago,
Buying a Rental Property in California
Hi All!
I'm from San Diego, California. I'd love to hear thoughts on how much cash should have saved up if i'm looking for buy a property in California. I have a decent amount saved up, but in the areas i'm familiar with (San Diego County and Orange County), I probably couldn't realistically afford a down payment. Does anyone have any recommendations on where to look for properties in California, preferably Southern California? Or should I look out of state? Which truthfully I'd rather not to because this will be my first investment, but I'm beginning to feel like that's my only option. Any replies and advice appreciated, thank you so much for your time!