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Buying & Selling Real Estate

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Joe Matthews
  • Real Estate Agent
  • Melbourne, FL
33
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54
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When to purchase first investment property?

Joe Matthews
  • Real Estate Agent
  • Melbourne, FL
Posted Oct 15 2020, 06:21

Hi Everyone,

I am committed to getting into the rental investment game and I am starting to grow my down payment funds for my first 1 or 2 properties.

I am on track to have $20,000 by April and $40,000 15 months from now. I have a 10 year plan laid out which I am obsessed over executing!

My big question now is “when”?

When do I buy?

I bought my primary residence in 2012 and now in the midst of the pandemic I realize foreclosures might be our reality in 2021 & 2022. I’m looking to get that perfect timing again!

So if anyone has any insight to when they think the best time to start putting offers on property is please share!

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