HELP!! I have 240K in equity!!!
Do I invest this equity or leave for market to crash?
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@Sharmika M. - Since you are posting in the Multifamily / Apartment Investing Forum - I would re-iterate the fact that multifamily real estate is a great investment as it can reduce some risk in regards to a down turn or "crash". I know people who have been calling for a downturn since 2015 that have been sitting on the side lines and they wish they hadn't now that they know the economy is so strong. I've also talked with many older investors who have been through several cycles and they don't see an end in sight unless interest rates rise...which we've already seen the fed pull back hikes for this year with a potential for lowering interest rates even more. Our group recently got a $16.5MM deal with 4.01% interest rate with 5 years I/O. Not bad.