Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Tradelite who wrote (5311)	9/14/2002 5:22:09 PM
From: Tradelite	Read Replies (1) \| Respond to of 306849

Come to think of it, I doubt many real estate investors who have done serial house-buying actually use bank financing at all. Although it seems to have gone out of style today, owner financing used to be very common a decade or two ago. Every time I had a listing offering owner financing, investors were falling all over themselves to buy it. Perhaps there will be a return to owner financing one of these days, as the pendulum swings back. Many of today's lenders are going to disappear, anyway, in a puff of smoke if real estate enters a significant downtrend and/or interest rates go up. These folks historically come out of the woodwork and set up shop during every refi boom--most can't survive in average markets.