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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: RealMuLan who wrote (27191)4/9/2005 9:58:58 AM
From: BubbaFred  Read Replies (1) of 116555
 
I was told that downpayment is increased to 50%. I think it applies for people or corporations buying their multiple (more than one) dwelling properties. I think this is the proper way, or the locals would be shut off from being able to buy an apartment. However, there are many other ways to go around it, such as developing rental units that can later be converted and then sell them as apartments.
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