Whats your strategy for dealing with the mortgage meltdown mess? What are you doing differently that is working for you? and what are you doing to set yourself up for when the market finally corrects? I’m thinking of doing subject to’s and lease options. Are they still worth it?
terra - I have not experienced a “mortgage meltdown” personally. I bought my first investment property. I was able to finance it without problems. I will be looking into refinancing it with a conventional lender in January to get most of my money out of the deal (my current lender financed the purchase price + rehab costs). Last time I checked (2 months ago) I would be able to get the conventional mortgage without problems. I believe I will still be able to do it in January.