Should I Be Worried About Interest Rates?

[Victor Nguyen]

I’m a first time real estate investor that is about to sign off on a duplex for lease. As we all know, interest rates have been very high these past years (7.5%-7.7%), and there are rumors that the FED are looking to cut the interest rates in 2024. Should I wait for the interest rates to drop before I buy my first real estate property? Or should I buy it now, because I know a lot of real estate investors always saying that their biggest regret was not starting sooner. 

[Shervin Golgiri]

You can't trade Time with interest rate. If the deal is right, go ahead. If interest rate goes down, price will go up, more demand.