Yes it is true. I am in a position to buy again. This market just keeps on doing goofy things and no one seems to be able to second guess what it will do next.
Many of us, including me, thought this thing would start a pretty good turnaround this summer, but that seems like a pipe dream now. With summer all but over and fall on the way in, there are still lots of decent properties out on the market, and this guy is ready to buy a few.
At this time, I am looking for commercial properties that are just shy of being distressed. In other words, if your seller is about to get into trouble, I am willing to take a look at what they have. I have cash and can move fairly quickly, if the seller is actually ready to go.
Email me if you know of anything.