Rental Property Investor · Fishers, IN · Member since 2016 · 335 posts · 470 votes
6y
I'm still looking, but my offers aren't as aggressive. I think there will be better opportunities in other asset classes in the short-term. Real estate is slow to react to current market conditions. If we do go into a buyers market, don't think it will materialize for 6-12 months. Would love to find a deal now though!
Rental Property Investor · MD · Member since 2018 · 287 posts · 205 votes
6y
@Julian R. Good luck with your foreclosure deal. I imagine negotiating with banks can be a pain. To add to your point, I'm not seeing too much panic selling in my area either. We will see what the future holds
Rental Property Investor · Ewa Beach, HI · Member since 2013 · 31 posts · 10 votes
6y
@Solomon Morris I did get them to come down on the price and probably could have gotten more but I am doing conventional lending so as restrictions tighten up, I figured I would get under contract. Overall it was a great price. If there is a panic, I think it will be 6 months down the road if not longer.