Okay, you're not going to find a home for $500 in La Jolla, or probably anywhere in San Diego, but there are still fantastic bargains to be had, county wide. REOs (Real Estate Owned by banks, usually via foreclosure), and Short Sales are often the best deals, but standard equity sales are great deals these days, as well.
My investor clients are regularly picking up properties that cash-flow immediately, where else can you get returns like the current real estate market is offering!?
http://bit.ly/wXXKyr
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