Have you put your real estate investing on hold?
Or are you doubling down. Curious to see what this group of experts is doing. We primarily do Fix'n'Flips in the mid-range in our area, and just closed on our last active property in February. Ordinarily, we would be actively looking for our next two projects, but I fear we potentially could be buying a bit high right now and future ARV's will decrease.
Is it best to keep forging forward with our plans toward our goal, or is it time to take a pause and see if the future market provides better deals? I feel last weeks unemployment numbers are just the beginning of the waterfall.
Is it time to change strategy? Purchasing a new rental seems even more risky in this environment. I am anxious with money sitting in the bank, but don't want to make a poor decision.