Needless to say, this can be a great opportunity, but you must be smart enough to position yourself correctly. Have your exit plan in place before you commit to a home OR have enough funds to hold the property if your "Plan A" fails.
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Always Looking to Acquire Houses | Always Looking to Amaze Investors
Here is a story today explaining the problems in this market and why it has a good change of getting worse:
http://www.dsnews.com/articles/lps-finds-serious-delinquencies-outnumber...
Needless to say, this can be a great opportunity, but you must be smart enough to position yourself correctly. Have your exit plan in place before you commit to a home OR have enough funds to hold the property if your "Plan A" fails.
Always Looking to Acquire Houses | Always Looking to Amaze Investors