Being successful with high interest rates
Hi guys,
So, the wife and I were talking, and I brought up an interesting point. How did fellow investors, or our forefathers if you will, become successful in Real Estate when interests rate were high? I.E. 10%-12% interest rates? Wouldn't the idea of getting a low interest rate be ideal in getting into the RE business?
I say this because the wife and I are saving 80k by next year to buy several fourplexes and I can already see the interest rates rising. I am just preplanning now, to set myself up for when I have my 80k to blow lol.
Thanks!