In today’s economy, Americans making anywhere from $30,000 to $70,000 a year continue to struggle to qualify for mortgages in the midst of economic and job uncertainty, says Alan Feldman, CEO of Resource Real Estate.
After analyzing this particular segment of the marketplace, Feldman realized this group is more likely to rent, making multifamily properties a natural investment for his firm.
"We touch real estate two main ways, we put equity capital towards investing, and we lend across a number of asset classes," he says.
Right now, multifamily is getting a lot of focus from the firm, with Feldman still looking for properties that are the 'right buy'.
Read more...Lifetime middle-class renters make multifamily attractive to investors | REwired
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