For the last two years, real estate experts such as Jeff Adams (www.realestatemillionairecode.com) have been predicting the existence of a second wave of mortgage defaults and foreclosures closing in on the US economy like a tsunami due to strike this year. So far we have only seen the meltdown from the failures in prime loans and option-arm loans. The tsunami that is coming will include more prime and option-arms, but also present a new crop of subprime and ALT–A loans that were put into motion by Fannie Mae, Freddie Mac, and their love child Ginnie Mae, oh and lets not forget the FHA. In addition, the FHA is changing the rules on purchase money loans, making it more difficult to qualify, and therefore limiting the number homes that will actually be purchased by owner occupants.
All of this spells difficult times for those who are struggling to pay their mortgage, are out of work, or trying to purchase a new home. However, for those ready to move on this investment opportunity there will be opportunities abounding – especially for those willing to hold the property as a landlord or provide seller financing through Contract for Deed, Sale and Leaseback, or even a traditional rent to own. If you are ready to capitalize on this “fire sale,” then simply place your name, email, and areas of interest in the form on the right hand side. We can help you enter the real estate investing market or grow your portfolio of properties. We do not sell products, systems, or courses. We work with you in contractual joint ventures to provide for a successful relationship.
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