Should I wait to buy first investment home in this market?

[Christian E Hardin]

Hello! My question is very location specific. I live in Columbus, OH. Where I plan to invest in my first multi home building. I will be seeking an fha 203k loan as I don’t have much liquid cash to get started. (Want to use the banks money anyways) Would I be doing myself an injustice to wait for the market cycle to come down here or should I work to get a long term loan thru a bank and hold the property? Please and thanks for all responses.

P.s.. I was recently referred to BP.com and I love the exchange of financially motivated people!