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Seek insight: Covid impact on 2-4 multifamily purchase price
Hello,
Thank you for taking time to read and to all those who contribute.
As a first-time investor, I am looking at 2-4 multifamily properties in St. Louis.
The headlines are screaming about a looming eviction crisis, and I'm curious the impact this may potentially have on prices from a buyer perspective.
Will inventory increase?
Will foreclosure inventory increase?
Will prices be driven down?
What kind of timeline do you anticipate?