Is it a bad time to buy a duplex?

[London Stewart]

I have just graduated from college and have been saving to purchase my first duplex within the next 9 months or so.  I have been having second thoughts about this because of the rise in interest rates, and they are expected to continue to rise. Would it be a bad time to invest in real estate this year?

[Patrick O.]

Trust the numbers. If your math says the property makes sense go for it. That's what you were saving for in the first place. If rising interest rates are scaring you I'm sure they're scaring other prospective home purchasers. That should only make it easier to rent. Best of luck