Tag: Apartment Foreclosures
Apartment Investing: Women Driving Demand?
There are a few obvious reasons that the apartment sector is so hot right now – the mortgage mess and long term soft economy get most of the blame. What is strange though is that by most accounts we have seen a comeback – but the comeback is not being accompanied by a strong rebound in…
Apartment Foreclosure Investing is Getting Hotter
Apartment Foreclosure Investing I have great news. Foreclosure apartment investor extraordinaire, Michal Ballard, is back sharing his wisdom. He’s been extremely busy buying apartments this past year and sees tremendous upside in the apartment investing market. I’ve asked him to write some posts on the opportunities for foreclosure apartment investors for the rest of this…
Apartment Foreclosures Create a Huge Opportunity
Many apartment buildings are now facing foreclosure because of lower prices from original purchase, 5-7 year mortgages becoming due and stricter underwriting guidelines making it impossible to refinance. For the astute buyer of apartment buildings these apartment building foreclosures could represent an investment windfall. For many homeowners, it simply makes no economic sense to continue paying…