Real estate investors seeking deals
Feb 9th, 2009 by Vinny
The commercial market isn’t in any better shape these days. According to this article, lenders are looking for 40% down on properties, which is crazy in this market.
“Simon said she thinks the commercial real estate industry will see some movement – one way or another – by the third quarter of 2009. Either lending institutions will feel more comfortable in making loans again at a 20 or 25 percent down payment or “we’re going to see a real recession where loans are hard to come by and real estate doesn’t change hands except for total liquidity…”
Lets make an effort to see loans start moving again!
Real estate investors seeking deals among economic rubble – Fort Worth Business Press.
