For the next three to five years (approximately 2008 through 2012) the residential housing industry will struggle to maintain profitability. The industry faces an oversupply of homes purchased by borrowers who are unable to service their purchase-money loans, refinance loans, or home equity credit lines. Lenders must reconcile depressed real estate values with sometimes questionable underlying debt instruments. New buyers must be found for properties vacated by foreclosure or the threat thereof.
Many profit making opportunities will emerge in the course of solving these problems. You hear about how the ultra affluent and Wall Street is profiting from the credit crisis. This article focuses on the select acquisition of distressed notes secured by single-family residences, and how you can profit too.
Link to Executive Summary: http://www.propertyvestors.com/article_i20-08.pdf
