Investing in foreclosures

[EconProf]

You seem to have all the ingredients necessary to make a go of it: enough money, right age to launch a second career, willingness to learn the business, and enthusiasm. What you will need, when the real bottom comes, is the internal fortitude to steel yourself against the anti-real estate psychology that will prevail then. If history is any guide, the same mass hysteria causing people to defy all logic and buy wildly overpriced properties at the top will be reversed. You will look around you and see the wreckage of years of price declines, and the ruined personal finances of those who took the plunge and lost, and will have second thoughts. I suggest even some current Piggs who are now confident they will jump in at the bottom will really not do so when the time comes.

[(former)FormerSanDiegan]

I suggest even some current Piggs who are now confident they will jump in at the bottom will really not do so when the time comes.

Yes, when we start talking about housing stagnating at a permanently lower plateau because of retiring baby boomers or some other reason, that’s when you should jump in.

[(former)FormerSanDiegan]

I suggest even some current Piggs who are now confident they will jump in at the bottom will really not do so when the time comes.

Yes, when we start talking about housing stagnating at a permanently lower plateau because of retiring baby boomers or some other reason, that’s when you should jump in.

[(former)FormerSanDiegan]

I suggest even some current Piggs who are now confident they will jump in at the bottom will really not do so when the time comes.

Yes, when we start talking about housing stagnating at a permanently lower plateau because of retiring baby boomers or some other reason, that’s when you should jump in.

[(former)FormerSanDiegan]

I suggest even some current Piggs who are now confident they will jump in at the bottom will really not do so when the time comes.

Yes, when we start talking about housing stagnating at a permanently lower plateau because of retiring baby boomers or some other reason, that’s when you should jump in.

[(former)FormerSanDiegan]

I suggest even some current Piggs who are now confident they will jump in at the bottom will really not do so when the time comes.

Yes, when we start talking about housing stagnating at a permanently lower plateau because of retiring baby boomers or some other reason, that’s when you should jump in.

[Nor-LA-SD-guy]

Just my two cents,

1) Very hard to pick the bottom or the top.

2) Trying to invest in RE without a 10 year expected hold time is crazy (a lot of people were able to do this from 2000 – 2005 and make a lot of money but that was as we all know, an exception).

3) You need to have the cash flow and reserves to be able to hold for ten years (maybe you will only need to hold for five or two, but expect ten).

Just my two cents,

[Nor-LA-SD-guy]

Just my two cents,

1) Very hard to pick the bottom or the top.

2) Trying to invest in RE without a 10 year expected hold time is crazy (a lot of people were able to do this from 2000 – 2005 and make a lot of money but that was as we all know, an exception).

3) You need to have the cash flow and reserves to be able to hold for ten years (maybe you will only need to hold for five or two, but expect ten).

Just my two cents,

[Nor-LA-SD-guy]

Just my two cents,

1) Very hard to pick the bottom or the top.

2) Trying to invest in RE without a 10 year expected hold time is crazy (a lot of people were able to do this from 2000 – 2005 and make a lot of money but that was as we all know, an exception).

3) You need to have the cash flow and reserves to be able to hold for ten years (maybe you will only need to hold for five or two, but expect ten).

Just my two cents,

[Nor-LA-SD-guy]

Just my two cents,

1) Very hard to pick the bottom or the top.

2) Trying to invest in RE without a 10 year expected hold time is crazy (a lot of people were able to do this from 2000 – 2005 and make a lot of money but that was as we all know, an exception).

3) You need to have the cash flow and reserves to be able to hold for ten years (maybe you will only need to hold for five or two, but expect ten).

Just my two cents,

[Nor-LA-SD-guy]

Just my two cents,

1) Very hard to pick the bottom or the top.

2) Trying to invest in RE without a 10 year expected hold time is crazy (a lot of people were able to do this from 2000 – 2005 and make a lot of money but that was as we all know, an exception).

3) You need to have the cash flow and reserves to be able to hold for ten years (maybe you will only need to hold for five or two, but expect ten).

Just my two cents,

[Nor-LA-SD-guy]

Just one more thought,

There are a lot of nice foreclosed homes available now, but I think the nice ones will go fast, there will be plenty of dog’s that will last a while though (this loan work out thing and all).

Again just my two cents.

[Nor-LA-SD-guy]

Just one more thought,

There are a lot of nice foreclosed homes available now, but I think the nice ones will go fast, there will be plenty of dog’s that will last a while though (this loan work out thing and all).

Again just my two cents.

[Nor-LA-SD-guy]

Just one more thought,

There are a lot of nice foreclosed homes available now, but I think the nice ones will go fast, there will be plenty of dog’s that will last a while though (this loan work out thing and all).

Again just my two cents.

[Nor-LA-SD-guy]

Just one more thought,

There are a lot of nice foreclosed homes available now, but I think the nice ones will go fast, there will be plenty of dog’s that will last a while though (this loan work out thing and all).

Again just my two cents.

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