Time In or Timing the Market Scenario.
Hello guys my name is adeony and i'm considering buying my first property this year. i'm would appreciate the communities perspective and input on the following question below.
Property Criteria;
House hacking duplex or triplex
Purchase price: 260k - 310k
Equity or Cashflow deal ? Ideally Equity
State: Somewhere Southern which is in close proximity to my home country Jamaica (Florida, Georgia, Texas)
1 . Purchase property at today's current rates and relatively lower property prices then Refinance when rates drop.
or
2. Wait on rates to return to 3-5% range the buy property at a premium.