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Updated over 5 years ago on . Most recent reply

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27
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4
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Ramonater Ramo
4
Votes |
27
Posts

Given the state of the market, buy or wait?

Ramonater Ramo
Posted

Hi Everyone,

I know there really isn’t a right or wrong answer to my question and it all depends on a person’s personal situation and market they live in however, in general, is now a good time to buy an investment property or wait? I know there are always deals out there and right now, we need to search a lot harder to find them but, they are out there.

I have $30K saved up, live in Irvine, CA and not sure if I will end up buying my first home first or some investment properties in Orange county (or maybe in GA, FL or TX since I have brothers in each one of those states).

I am not trying to time the market (or maybe I am, not sure) I am just trying to see what the general consensus might be given my personal situation and market. Of course, if I find a KILLER deal I will jump on it but, in general.

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