Keep some of your powder dry. With the reintroduction of these types of higher risk loans, this implies there will be good opportunities in the next 3-5 years to pick up more distressed properties.
Greed is good….for you and I to take advantage of others hubris and ignorance. Just make sure you don’t get too greedy. Pigs get fat–hogs get slaughtered!
Take stock of your current portfolio positions. Ask yourself if there is product you are currently underweight in or overweight in…..then make a shopping list accordingly for when units go on sale.
Rest assured, I’ll be monitoring this development closely as these buying opportunities are where true wealth is created, and that wealth is critical for further acceleration for your Financial Freedom!