Because of the turmoil in the credit market be aware that to get loans through even with hard money lenders its going to be more difficult. As a new year resolution, I would recommend that you, as a reals estate professional, collect as much documentation as possible. If you are a borrower, try to be as clear as you can on your needs and objectives. The more information available to lenders the merrier in this current lending environment. Investors want to feel confortable that loans are making sense.
This is it for 2007!!
Have a Great Celebration and Enjoy 2008!!
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