Admin

How can investors, even mere landlords, get benefits from Obama plan?

By
Real Estate Agent with ERA Signature Homes

FarrellHere in Hawaii, prices have not plummeted as they have across the mainland states, but many investors have lost their equity and now not only find themselves upside down mortgage-wise, but with significant negative cash flow as well. I've heard there is hope for these folks, but have not found a source for further information. Does anyone know if there is a portion of the stimulus package earmarked for these real estate owners and how would one go about getting more information?

Thanks,

Bob

Guy Thomas
WR Starkey Mortgage - Colorado Springs, CO

Form anything I have read or heard, I think that at this point the investor is SOL.

Nov 28, 2009 03:03 PM