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Updated about 15 years ago,
Creative financing in the future
We are in the midst of a major recession brought on by the collapse of the housing market. Many people are being foreclosed on and the rules for lending are getting tight.
My question to everyone is how do you think this will affect the need for non-conventional loans such as owner financing or lease options?
My thoughts are those who were kicked out do to foreclosure or short sale and are now renting will want to buy a home in the next few years. But they will be reject do to the foreclosure. And they will need us (investors) o buy a home.