Is evident in the marketplace is the record number of displace homeowners out there that nobody is talking about. All these people that are being foreclosure upon, where are they going? They still have to live somewhere and now most are becoming renters, and that is what the rental marketplace so strong right now. A great exit strategy for you right now is buy and hold. Buy at this low rate, rent to this very strong displaced homeowner market an then sell later when the prices go back up. These dispalced homeowners don't see themselves as tenants; they're not renters. They want be homeowners again but they can't get the loans.
There are a lot of renters out there that see themselves as tenants for the rest of their lives because they will never see themselves as homeowners, but these displaced homeowners have already owned a home and they don't see themselves as tenants. They see themselves as homeowners and they want to get back to homeownership and the sooner, the better There is this built in demand right here so we just have to be able to see how to deliver what they want.
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