Commercial Real Estate Balloon Estimated at over $1 Trillion

Posted by admin on May 8, 2009 under by Tim Davis | Be the First to Comment

by Tim Davis

There are many news reports about the status of the commercial real estate mortage market – we have even reported on them here on Real Estate Jokers – The Mortgage Crisis May Have a Second Act? – but what is uncertain is exactly how much debt is on the books, and how much is going to mature or come due as the five year notes expire? I read an interesting article on Zero Hedge a while back that estimated the total commercial debt at over $1 trillion: Read more of this article »

Buying Commercial Real Estate With No Money?

Posted by admin on May 5, 2009 under Good Info - Read It | Be the First to Comment

Not likely.

Everyone has been conditioned to actually believe there are tons of deals to be had out there for nothing…It seems like everyone has a story about  a brother-in-law, cousin, best friend’s ex-roomate, and upstairs neighbor that has purchased, and “flipped”(how much does everyone hate that term now…haha) some real estate with zero money. They love to tell about the house they bought on a 100% mortgage, remodeled on a 0% credit line at the local home improvement warehouse, and sold for a $20k rip.

Well, at the base of everyone one of these stories is a kernel of truth, and if the base truth is 50% as good as the final story then it is reasonable to believe that some of these people actually did make some money on real estate investments with very little of their own hard cash. Read more of this article »