BANKS will lend to investors in 2010 and here's why .....

A St Louis banker told me this morning, that the FDIC must visit every bank in the country, will complete in 2009, lay out the ground rules and by 2010 - when EVERY BANK HAS THE SAME RULES ---banks will lend to investors.

This is wonderful news, for anyone who is thinking about getting into rehabs or renovations or property investments.
Go here to view Banks on Sick List, according to Wall Street Journal http://online.wsj.com/article/SB125137695691263385.html

Here is another property for investors:  4623 Shenandoah ---- 4 family that someone can finish and make into 2 townhomes:

This is my listing on the MLS, so if you want to view or see Architect's Plans, call Judy Lewin at 314-518-5754

ASK about city of St Louis, state of Missouri and federal dollars possibly available for thie project.