Strategy for Decling Market? - Posted by Peter
Posted by Peter on August 05, 2007 at 17:49:08:
With the meltdown of the sub-prime industry, it seems financing, tightening credit and higher rates are causing more difficulty for retail borrowers to get funding.
How are investors supposed to get their retail buyers and challenged credit buyers financed in this type market?
For investors that “get properties under contract”, is it time for them to offer owner financing to retail buyers, create mortgage notes and then sell at closing to note buyers?? …Or work the shorts sales??..Or work the lease/options ?? …Or just assign contracts to cash buyers or investors?
Any thoughts? Thanks in advance.