Commercial/Multifamily Mortgage Originations Plunge 80% from Fourth Quarter ...

A report from the Mortgage Bankers Association (MBA) shows a 80% drop from the same period in 2007

Jennifer Project

Here is the site map of the current project we are working on. It's located in Washington and we will be building two additional building.

From the front:

From the back:

Bloomington REOs

Looked at a few repo apmt building going to foreclosure Feb 25. Not sure I have the guts to by a multi at auction yet. 10 apartment buildings in all - hope that's not me some day :-)

Listed, 6plex on Holland

Ouch, they like this place per the price given it's age. On the plus side the tenants pay: Gas and Electric, Water

$330,000 for 6 Units
MLS ID# 1094625