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To: dalereed
"To counter that i’m buying forclosed property to rent and getting out of cash!"

U.S. Housing Market is a Buy Says Rent Ratios, HAI and Cap Rates

135 posted on 04/25/2010 6:54:48 PM PDT by blam
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To: blam

Not if you cheerpick the market and have cash to purchase.

The ones that I have been bidding on haven’t been able to attract any buyers that could qualify for a loan and have all gone to cash buyers.

i’m also not buying anything that would have to rent for more than $1800/mo.


136 posted on 04/25/2010 6:59:27 PM PDT by dalereed
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