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Should I Be Worried About Interest Rates?
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.