With the Fed having announced its intention to hold interest rates near 0% until at least mid-2015, even very cautious investors are recognizing that this provides a rare opening. If ever there were a time to start a real estate portfolio, it’s hard to imagine a better one.
For many, the first question is whether there is still an opportunity to buy foreclosed homes in the Rehoboth Beach area. That answer is yes – but the window of opportunity is fading as forclosure inventory has diminished.
Before we can develop your strategy, you first need to decide which type of real estate investor you wish to be:
The Fix-and-Flip Investor - This type of investor is handy (or has a lot of contacts who are), and is familiar with remodels and improvement…