Empirical Evidence Real Estate Investors Are Still Gettin’ The Loans They Need

Posted @ 8:24 pm - Filed under Real Estate Investing, Weekend Thoughts, Financing, San Diego Property Owners, Buying Income Property, Leverage

This past week, and throughout all of the coming week or two Brown and Brown clients have been and will be closing escrows. Every single client is acquiring multiple properties with 10-20% down payments — with a fixed rate of 6%.

Wait just a doggone minute here! Real estate investors can’t do that any more, can they? Ah, yeah, they can. I keep tellin’ you. Stop drinkin’ MSM’s (mainstream media) Kool-Aid. While from every corner we’re being told what we can’t do, we’ve been doin’ it.

I’ve had clients tell me right up ’till they get confirmation of closing, that the loan won’t materialize. “Hadn’t I been following the news lately?”

There are those who endlessly telling us how things can’t be done. ‘Course they’ve never done it.

Be one of those who quietly do those very things. I can tell you from first hand experience — it’s big time fun.

But enough business on a three day weekend.

Let’s have a cool holiday weekend video. Crank it up full blast. The San Diego real estate investment market? She’s Already Gone.

This entry was posted on Saturday, May 24th, 2008 at 8:24 pm and is filed under Real Estate Investing, Weekend Thoughts, Financing, San Diego Property Owners, Buying Income Property, Leverage. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.