Buy now or wait? Single Family house

Buy now or wait? Single Family house

Rental Property Investor · Boston, MA · Member since 2019 · 57 posts · 21 votes

Already own a few multi families and would like to purchase the "forever SFH" prices are high, interest rates are the lowest they'll probably ever get right now. Would you wait it out a bit to see what happens? Obviously with a multi family deal if the numbers work then you can buy whenever, not so much the case for a single family house. If I buy now and in 3-6 months the market drops 20-30k I'm negative equity. Multi families have the cash flow aspect along with multi families are rarely being built brand new. Any thoughts? Someone buying SFH also?

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  • Rental Property Investor · Des Moines, IA · Member since 2020 · 232 posts · 116 votes
    6y

    For this "forever SFH", are you talking about a rental or a personal residence?

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