It is a great time to buy investment properties

With lenders tightening down on their investments potential home buyers are being forced to rent, Back win you could get a home loan if you showed two years of employment and a couple years of residency you could buy a home. Now it is very hard to get a home loan because of too much debt ,not enough income, or credit scores now appraisals are too low because the guy or gal that just got out of class threw a foreclosure in with your comps.

Here is an Idea go talk to your banker you have known forever. Look at getting a HELOC Home Equity LIne of Credit. Your Rate should be very close to prime in some cases prime minus 1%. this is 4 % money give or take. Invest in Real Estate, 800 to 1200 sq ft home near a college or hospital ( Avg commute is prob 45 minutes)