To buy or wait that is the question?

[Bryan Eugene Long]

I invest in OKC, and I wanted to hear from other investors if they think that now is a good time to invest or if you are waiting for something to change in the market. I am seeing different views of whether or not we are going to see deflation in the next few years and what interest rates are likely to do. Basically feeling out investor confidence that now is a good time to invest or not. I am currently in the process of getting a HELOC out on my primary residence and if I choose to use the money I would be banking on interest rates going up where in 10 years I'll be thanking myself for having 30 year fixed debt. My goal is long term wealth, using cash flow to be able to retire.

[Bob Okenwa]

People have been waiting for change (i.e. housing crash) for a good 10 years or so now. Meanwhile, the price of homes has essentially tripled during that timespan. There are many people who have been active in the game during that period that have made millions off equity alone.

Find a deal, run the numbers, and if it works, pull the trigger. You make your money when you buy. Some people were bailed out of bad decisions by this rising market, but those are outliers. Buy right and you'll be in good shape.