Many real estate investors have a large inventory of real estate bargains to choose from that can be flipped for fast profits or to buy and hold.
Most distressed property bargains require the investor to have access to fast cash to buy investment property at the best terms.  Fast closings are usually the trade off for a deeply discounted price.
Once the property is purchased, additional money is needed for fix-up work that can be minor or involve a major renovation.
Far too often, bank financing in today’s market is very slow …

  A TV news segment this week showed hundreds of people filling up huge meeting rooms for a chance to bid on a bank foreclosure at an auction. The commentator said 85% of auction buyers are “end users,” ie, people who intend to live in the property, thus leaving a small percentage of buyers in the “investor” category.
Homes have become much more affordable for many prospective home owners and interest rates for mortgages are exceptionally low right now.
Does all of this auction excitement mean the U.S. housing market has …