I just bought my first house back in December.I found the house on the internet.It was the first house I looked at.I put in an offer and it was accepted.All due to my secret strategy.I will reveal this to my fellow piggs.
The sweet spot for buyers in San Diego is the $350,000-400,000 fixer upper.There are two classes of buyers in San Diego.The lower class,blue collar types, who can’t quite afford the 350k mortgage,and the upper class types who don’t want to deal with the remodeling/repairs.You will find the least amount of competition and the greatest bargains in this price range.
Make the necessary upfront repairs and then use a long-term strategy of saving/remodeling.Within five years you will have transformed the home into an equity magnet.
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