Real Estate Investors In The Declining Market

In the declining market, cash is king. There are plenty of bargains available for investors whether they want to buy for rehab or to rent out or to live in. REO properties are selling for pennies on the dollar, typical REO is selling around 50% of the loan balance at the time of foreclosure and below market in comparison to current market values. As an investor, I think it's good to have a number of ways to make a deal work that others overlook. But even without much cash, there are investors who have been successful in using loan assumptions (yes, a "non-assumable" loan can be assumed in a distressed situation, you can sometimes negotiate things that they wouldn't normally do!), owner financing, loan wrap around, etc, but these each require special circumstances and hardwork to make it working for you.