If I lived in Southern California, I'd probably move (for a variety of reasons).

I've looked but have been unsuccessful.If it's of any help, I'm in Sacramento, CA looking to buy my first investment property.

Thanks for the welcome....I sell all sorts of home gadgets the best thing Ive put into a home yet is called Sonos....Incredible home music server system thats inexpensive and allows the homeowner to play 2million songs from the rhapsody server..My dad and I have an office building in San Bernidino, Ca.

I've been a lurker on these forums for the last week and just registered. Soo much great free information here my eyes are hurting from reading so much! I'm a new investor with 1 rental property under my belt. Ive bee...

CASH IS KING!

This is true in CA.

I guess I am too late but there is a way that is a stretch and not sure about legalities in California.

I believe you are from NY, and if this is the case, NY and CA are the only states that the conventional loan I outlined previously are not offered (BTW, your credit history or lack of tradelines would have been acceptable).

In places like southern California, property values increase because there is very little undeveloped land left.

I live in CA so they will need to be out of state, and I am open to any market since I work in the airlines.