Should I wait to invest due to economy?

[Lara Ishtayeh]

Hi Everyone,

I'm looking for people's takes on the market and investing at this time. With a recession creeping in soon, should I wait to invest in a duplex?  I've been looking for months but I've been told by some people that it's wise to wait right now, build more cash reserves, then make my play after seeing how the market plays out within the next year. Obviously a deal is a deal, and I'm not going to completely stop looking. However, with interest rates very high, is it wise to ease up a little bit and wait?