Investing now vs wait and see the ripple effect of CORONAVIRUS

[Nick Troutman]

What are your thoughts on the positives vs negatives of investing now vs waiting to see what will happen with this market. I feel like a lot of the experts are saying stay in cash and wait (Bigger pockets podcast last couple episodes). My gut instinct says the same to wait it out. Though what are my best ways to avoid analysis paralysis while waiting? What are you all doing? 

PS. Stay safe, stay positive. We will all make it out of this on the other side. Positive vibes going out to the whole Bigger Pockets community. 

[Anthony Gayden]

I'm pushing ahead with my initial plan for this year. My plan was to sell one of my properties and using the 1031 exchange move that money into more properties that get me better cash flow. I have 4 duplexes under contract right now.

I just secured 3.99% financing on a 30 year fixed rate mortgage on an investment property. That is unbelievably low. My thought is that it may be a lot harder to access credit in a few months. That would mean that even if you have good credit and enough cash for a down payment, you may have difficulty getting a loan. 

My other thought is that we will be moving into an inflationary environment. Those who hold onto cash in that kind of environment will not do as well as those who hold assets like real estate. For that reason I am keeping the majority of my wealth in real estate, though keeping enough cash on hand to cover 6+ months of expenses.