It's amazing what the Inland Empire has faced. According to bloomberg.com, it was said "1 in 32 households face foreclosure in the Inland Empire."
That means there will be a lot of previous home owners looking for a place to rent. So, wouldn't that mean that there is going to be a high demand for Investment properties and rental prices going up? This is the best time to buy investment properties and lending is making it more and more difficult to qualify a buyer/investor every month. You can wait until the market drop it's proposed 15% in 2009,; but what would the lending be like and rates? Not all investment properties are for flipping. The property you buy now should be for a minimum of a 10 year investment and cash flow every month
Also the bill passed for $300 million dollars for foreclosure aid and loan modifications are getting popular by the day. So pick up these sweet deals on properties and let me serve you as your "Million Dollar Realtor."
You can get more information at www.shawngrajeda.com or call me at 909-559-0270
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