Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 4 years ago on . Most recent reply

User Stats

5
Posts
0
Votes
Andrew Nieto
0
Votes |
5
Posts

Should I wait for mortgage moratorium to end?

Andrew Nieto
Posted

Hello everyone! I recently moved up to Allentown, PA for a new job, and am able to start fresh without having to worry about paying rent due to a family member letting me stay at their property. Obviously this is not a long term plan to stay at said family members place forever, but I have time to be strategic about my next move. I would like to invest in a duplex in the area to start out, but with the shortage of properties and the high cost I'm wondering if it would be wise to just wait for the government moratorium/assistance to kind of die down. Let me know your ideas on this. I feel as if the natural order of houses being recycled on the market has been completely ruined and that there may be a future house dump. 

Most Popular Reply

User Stats

729
Posts
467
Votes
Michael Carbonare
  • Investor
  • Fort Lauderdale, FL
467
Votes |
729
Posts
Michael Carbonare
  • Investor
  • Fort Lauderdale, FL
Replied

@Andrew Nieto  If you're trying to time the market, any market, it will always be too easy to find a reason that you interpret as "not yet".  If you take a long term buy and hold approach, market fluctuations don't matter as much.  If you take a shorter term approach such as flips/assignments, you're also able to reduce your risk and exposure. 

Loading replies...