Cash In On the Condo Bust

But you have to be very, very careful.  You want to make sure that the building has solid financial statements, they have reserves, enough insurances, etc.  A lot of this is taken care of by the lender but make sure to consult a real estate expert and mortgage expert and get their thoughts on whatever you are trying to buy. 

http://money.cnn.com/galleries/2010/moneymag/1002/gallery.condo_sales.moneymag/index.html?section=money_realestate&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rss%2Fmoney_realestate+%28Real+Estate%29