You probably already knew this, but in case you didn’t know…It’s all about the GREENBACKS, baby!  That’s right…in the investing world right now (especially in Raleigh-Durham, Charlotte, and Myrtle Beach), it is a BUYER’S market.  While mortgage financing gets a grip on how it will structure things in the future, real estate investors are like kids in a candy store grabbing all types of real estate…single-family, townhomes, condos, multi-family, and commercial buildings.  The following article from the Investor’s Business Daily demonstrates just how crazy it’s become…

Some are calling this the best market for investors since real estate tanked in the early 1980s. Investors, alone and in groups, are negotiating volume deals as they purchase whole subdivisions and bundles of 10 to 50 defaulted loans for pennies on the dollar. "What we’re seeing today dwarfs [the 1980s] by five or 10 times," says Bob Leonetti, president of SMI Funding, an Austin, Texas company that originates and acquires private and conventional mortgages. "There are huge opportunities for investors."

"People who have cash positions now are going to do very well," says Central Florida real estate practitioner Mike Norvell of Developers Capital Realty in Leesburg, Fla. "It’s just crazy the prices you can buy for right now for cash."

Source: Investor’s Business Daily, Kathleen Doler (07/07/08)

The sky is endless right now.  Have you heard of the term, “Buy low…sell high?”  With the foreclosure rates affecting the marketplace so dramatically, opportunities to purchase with cash have become an easy and lucrative way to acquire real estate.  It is even easier if you form partnerships.

How can you get in on all the action?  It’s simple.  We are structuring partnerships in all dimensions here at United Real Estate & Investment Group to capitalize on yet another opportunity to advance real estate investors to their financial goals.  Contact me so we can identify an action plan to seize this opportunity for you.

Go Hard…Everyday…

Gary 

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