Many people wonder if lending will ever go back to the years prior to 2008 when banks were issuing a loan if you could, “fog a mirror,” as the old saying goes. But for the lucky real estate investors who find one good deal after another, private money and hard money loans, are allowing them to take advantage of once in a lifetime opportunities over the last several years.
How quickly the market does forget, and if this is the case in the banking world, who knows what the future will hold? Many skeptics say that the lending environment will never be as loose as it was during the years between 2004 and 2006, while some believe the opposite is true. What are your thoughts on this topic?