What will happen to the newbies in the market?
Ok, so now that the subprime market is so volatile, what are options for people who want to still get in the real estate game? I imagine that over the next couple of years things are going to get crazy.
What will a person who has little very little money to invest do? How does one go about acquiring property now? Unfortunately I was just looking to get into the real estate game, but feel very nervous and discouraged.
I see a lot of people are doing short sales, foreclosure, bird dogging, wholesaling....are these areas better to deal with rather than actually buying rental property?
Any advice would be greatly appreciated.
I'm so frustrated right now.