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Updated over 4 years ago on . Most recent reply

User Stats

258
Posts
177
Votes
Kay Kay Singh
  • Rental Property Investor
  • Fort Wayne, IN
177
Votes |
258
Posts

Would it be a good time to sit on cash or acquire something now?

Kay Kay Singh
  • Rental Property Investor
  • Fort Wayne, IN
Posted

Would it be a good time to hold on to the cash and sit on it for a while or acquire some properties and add value when the economy slows down?

Most Popular Reply

User Stats

628
Posts
543
Votes
Dan Weber
  • Realtor
  • Portland, ME
543
Votes |
628
Posts
Dan Weber
  • Realtor
  • Portland, ME
Replied

If you find a property that fits your investment criteria then move on it now. It is impossible to predict the future and when the economy will slow down. When the economy slows down, there will be a new set of difficulties that make it hard to invest. For example, financial institutions may tighten lending standards and make it really hard to finance properties. If you find a good investment now, do it.

  • Dan Weber

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