Why buy now vs why wait to buy multi-family?
Whats up investor friends? I had an interesting conversation with a longtime Denver investor who said 'I dont know why ANYONE would buy multi-family investment properties right now.' I know his reasons but am eager to hear more perspectives on both sides of the issue.
If you ARE buying now, why ?
If you ARE NOT buying now, why not?
- Evan Rice
Most Popular Reply
I think that buyer and seller expectations are too far apart. Many sellers are not willing to come down in price enough for deals to make sense for buyers at the moment. The continued high rates will force some to sell, especially in the smaller multifamily properties and there will be more opportunities. With that said, if a deal makes sense and provides the return you are looking for, I see no reason not to buy now.