Updated over 5 years ago on . Most recent reply
One Million in CASH !!! Wait or Buy Now !!!
Just curious if you were a buy and hold investor, and you had a million in cash right now, would you wait until covid ( time frame guessing 8 months to a year from now ) is over or start pulling the trigger and try to find deals now.
Not that I have a million dollars. I wish I did, but just curious what you think about how covid may effect the economy and the housing market.
No right or wrong answer here just wanted your opinions. Thanks.
Most Popular Reply
I would have no problem investing at this time. It's all about the right deal. You may be able to get a good deal on a place where the rents aren't being paid and the owner either can't afford to hold on or is too scared. I bet lots of mom & pop operations will be selling thanks to all the government changes. I'd probably avoid a place where there is a lot of renovations needed as contractors are swamped right now.