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Updated over 4 years ago,
Buy now or wait? Single Family house
Already own a few multi families and would like to purchase the "forever SFH" prices are high, interest rates are the lowest they'll probably ever get right now. Would you wait it out a bit to see what happens? Obviously with a multi family deal if the numbers work then you can buy whenever, not so much the case for a single family house. If I buy now and in 3-6 months the market drops 20-30k I'm negative equity. Multi families have the cash flow aspect along with multi families are rarely being built brand new. Any thoughts? Someone buying SFH also?