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15 January 2008 | 32 replies
While even these "star" markets will be working their way through a period of price adjustments or a lengthier listing period at least their core fundamentals are sound.Those home owners who are unable to pay their upwards adjusted mortgage payments and who have not been able to re-negotiate their loan terms with their Note holders will assuredly become "tomorrow's renters".It's already started in many areas... rental availabilities are rapidly shrinking = a strong potential for investors willing to build SFRS for rental or for "sale" under Lease with Option to Purchase contracts, 2-4 unit multi-family and new apartment complexes.In Myrtle Beach and parts of Charleston (SC) developers of recently completed condos are now replacing unresponded to FOR SALE signs with "Lease with Option to Buy" signs and are now actually seeing evidence that strategy is WORKING.Savvy real estate investors are targeting "spec" builders with unsold inventory that has become a "money drain" in terms of interest carry and are buying SFRs for 10% - 20% below actual cost to complete.
11 October 2007 | 11 replies
Most owners do not intend to live in their condo year round, so this is not a concern in typical circumstances but insure you are aware of potential restrictions before your purchase.Anyway, if anyone has any questions about condo-hotels or fractional properties, please post them here and I will do my best to give you a prompt, reasonable answer.
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11 September 2007 | 9 replies
Just to verify, though, it's my understanding that the group of investors you have developed relationships with already have established access to their own cash or financing.
6 April 2008 | 4 replies
I work with a real estate development company.
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16 September 2007 | 7 replies
We have done several single fam deals as well as a small development.
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13 September 2007 | 5 replies
My big dream/goal is to get into real estate development.
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10 October 2007 | 6 replies
All were condos or similar where 1 purchased 1 or more units in a larger development.
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25 September 2007 | 17 replies
First of all, you weren't there--there were unusual circumstances during my signing with an escrow officer, and quite frankly I dont need to explain them to you, your heiness.
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17 September 2007 | 6 replies
We are not a real estate broker, our role in the transaction is to simply present properties to investors, which may come from our real estate broker contacts, or our developer contacts.