Personally, the best thing to do is sit back and watch the carnage! Realtors (R) will be beaten, Real Estate Investors will be jumping out of their unfinished Condo Towers, it's gonna get pretty interesting in the next few years.
That is a great way to put it Dan732 that is why I got out and only get into great deals now in and out and 3-5k per deal do ten a month and have no ownership issues. And/or get at least 20-30% equity in the property flip and hold a note at 13% APR 10 a month brings in an extra 3,500 per month (at 40k note) so there it is.
I think what the real question here is DOES ANYONE HAVE A CRYSTAL BALL I CAN BORROW?
Author
