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Updated almost 5 years ago,

Lucy Smi's profile image
Lucy Smi's profile image
Lucy Smi
  • Member since Jan 19, 2020
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24
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2
Votes
Lucy Smi's profile image
Lucy Smi's profile image
Lucy Smi
  • Member since Jan 19, 2020
Connect
Lucy Smi
2
Votes |
24
Posts
Buying & Selling Real Estate

Buy or wait in today’s market

Lucy Smi
Posted

We found a 2-unit student rental property for $300k near a college in a B- class neighborhood. After two rounds of negotiations, we will give a final offer of $285k. Rental income is $2500/m total. One unit is rented out until next January and the second unit is empty.

Should wait or back out now that we are likely heading into a RE correction or crash? Your thoughts?

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