Investing in Real Estate Today

[Daniel Fuentes]

Hello All,

I was wondering what are your thoughts on investing in buy and hold properties at this time with sky high interest rates? I'm looking to start out but it seems like it might be better to wait for interest rates to go down to get better cash flow deals. What do you all think?

Thanks!

[Slaiman Atayee]

I feel like the majority of the people on here will tell you there's no better time to buy than now but you just need to get to know your market(s) and if there will be better opportunities in the future. In a lot of markets you're already seeing prices soften but there's a lot of uncertainty going into the spring - although demand will continue taking a hit some markets are still very short on supply and it might cost you to wait until then. If you do buy and if rates go down enough you can always refi later on. Also IMO if you're buying for cash flow and have a long-term outlook then small price and rate adjustments don't matter as much.