Investors who were buying through the ‘08 Crisis

[Chris Purcell]

There seems to be a post every week regarding the next financial crisis.

Instead of worry when or how it’s going to come...

Who was investing through the 2008 crisis and buying heavily?   Some things I’m curious about:

- Prices - I’m assuming people were bugging and looking to sell for pennies.  Were the deals out of control?

- Lending - were banks still lending? Could you pull a hard money loan at a property for 65% of LTV and refinance on the back end for 75%?

- Renting - what kind of vacancies did you see in your portfolio?   Was it tough to rent?  Evictions?

Feel free to add other info that’s relevant!