Is a recession a benefit to investors or a drawback?

[Colton Wiggs]

With a possible recession in the near future, I am wondering if that is a benefit to investors or a drawback. I am brand new and do not own any property yet, but my fiancé and I are going to buy our first property when our lease is up in July. I have heard that money lending tends to dry up during the recession, but I also assume that properties would be cheaper. Again, I do not know what I am talking about and would love some insight.