Homeownership will no longer be a reality for many people.

This doesn't mean that many people will not still be looking to or be able to live in a house. For the right investors, scooping up a REO property or other aggresively priced listing with the intent of collecting rental income may not be that bad of an idea. 

Going forward the rental market should be fairly strong.

If you are interested in looking at the math (down payments, monthly payments and market rents) on any Rhode Island or Massachusetts properties, please contact me.

For the extreme bargain hunters, Benchmark Mortgage also has several mortgage options on distressed property.

There are even some options for the property that has more than 5 units.

Jason

 

Jason E Potrzeba

President

Acadia Advisory Group, LLC

50 Grassy Plain Road

Riverside RI 02915

(401) 580-7612 Cell

(401) 633-6226 Fax

 

2 Comments on Rhode Island Investment Property.

APR
23
2010

So true.  Homeownership won't happen for so many considering how much of a mess things STILL are.  Pretty soon you'll need an 800 fico, a seven figure retirement fund and 50% down to finance a purchase.  This is my prediction.
8:59am • #1
118,373 Points

a seven figure retirement... nice touch:)
7:48pm • #2


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Jason Potrzeba~ Commercial Loan Officer ~ RI

East Providence, RI

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Acadia Advisory Group LLC

Address: East Providence, RI, 02915

Cell Phone: (401) 580-7612

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