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Updated over 4 years ago,
Buy today or wait a few months?
Rookie here.
We have one Single family home we are renting out short term, we got the bug and took out more money to get into long term rental. We took out a HELOC in the past couple months as well as my 401k. I was scared away by the pandemic but I'm itching to invest this money.
If you had $120k to invest today what would you do? Wait and see with Covid-19? Use part of the funds now and hold on to the rest? Go all in? My concern is buying a vacant property and not be able to fill it, or taking an existing tenant that takes advantage of the Pandemic situation.
Thank you,
Dave