RichInexperienced Multifamily Investors Could Damage Sector

@Dale,Do you have any pointers on the mobile home sector?

not surprised. the govt can't live high off the hog forever. programs (& employees) are being axed left & right due to their fiscal irresponsibility. you're in detroit area which has gotten hammered even more so the less in housing values, the less in property taxes to fund these things.if the govt was in the private sector, they'd be bankrupt in days.

Personally, I think a lot of it boils down to if a broker can hold an intelligent conversation as to the loan process, required documents, what the lender charges and when, etc.Anyone who has been in the CRE finance sector for any amount of time should be able to talk with a reasonable degree of confidence, and knowledge, about whatever they're offering.The loan process, and requirements, differ from program to program.

I have started to look into this sector as well after learning about the high costs for my own grandmother and the high volume of baby boomers who will be needing these facilities in high demand.

He sticks to sectors he understands and chooses not to learn about other sectors.

:welcome:I too have a technical background (computer science degree with 20 years in the sector).

Primarily I'm involved in the finance sector of the business.Currently I'm doing mostly pre-foreclosure bail outs and high volume REO pools (straight to the banks and straight to the money).

It's diversified across real estate sectors and their holdings are 100% liquid (the REITs are publicly traded, too).

Short answer is, "Yes".As others have said, the major impact has been in the "Sub-Prime" sector, but it isn't limited to that.