Updated over 8 years ago on . Most recent reply
Risks of Aggressive RE investing in an Economic Collapse
Trying to put together my fears of another economic collapse like 2008 and how it would affect my aggressive investing strategy right now
Risks:
- massive loss of jobs and therefore possible loss of rental income
- government cutbacks of sec 8 housing and welfare
- lenders (hard money and refinance) not lending
- Appraisals coming in way low for fear of appraisers losing their licenses
- overall decline in housing prices
Personally I think this would be a pro as there would be more deals out there, and long as there are lenders