Tell all your friends! Now is the time to buy real estate in Rhode Island! Multi units are at prices where there is positive cash flow. Foreclosures have brought single family prices in Providence to under $100K in some areas. Short sales are a great buy also! Most buyers can own for less than they are paying rent if they can quality for a mortgage. I know this is the hard part but many lenders have credit repair programs and FHA with 3% down. Plus interest rates are low too!
With all the negative press out there Im telling everyone I know buy up as much property as they can because you never know when prices will be this low again. If you are a buyer and need help finding a home please contact me. Now is a great time to buy!