The Foreclosure Forecast Ahead
Just back from 3 days in Cleveland - full report on the incredible, mind blowing Renegade Millionaire Summit in the May newsletter (The Mark Ijlal Factor) which as been sitting on my Desktop for a week now waiting for this.
But more importantly I had a chance to talk to several very very successful full time real estate investors from all across the nation who were there - we all agreed unanimously that the foreclosure crash is inevitable - big primary reasons being the ARM’s mortgages which will be impossible to refinance as interest rates creep up in the next 2-3 years.
Our group conclusion - do deals, accumulate a mountain of cash and get ready for the inevitable that is coming.
Are you still thinking about doing this? You are kidding? Right?
Technorati Tags: foreclosures,, michigan,, real estate investment
Comments
If their is gonna be a foreclosure crash coming soon, then how are real estate investors gonna be able to make quick money?
Posted by: Celeste Sears | June 18, 2005 02:25 PM