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July 08, 2006
Distressed Real Estate Fund
Why not open a fund with a 3-5 year lock up, and simply use the money to invest in distressed real estate in California, Florida, Virginia and Washington, D.C. Granted, I believe that housing prices will continue to decrease, but that is why you place the lock-up. Also, the only reason that the people are foreclosing is a one off event, and has little to do with the value of their property. Real estate is not my area of expertise, so please correct me if I am wrong, but doesn't this seem like a profitable long-term investment?
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Posted on July 8, 2006 06:40 AM by House 78.
Filed in Mortgage Calculator under housing prices.
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