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Updated over 7 years ago,
Investing Through/Leading Up To Market Digression
Hello all,
As we continue to see potential instability in global political news and hear continual reports and projections of another impending market correction (and digression in this case) in the next couple years, I'm curious to hear from you all how you approach your investing strategy. Especially for those that were actively investing through '08 and managed to come out on the other side okay, would love to hear your experience and advice...but any input welcome.
• as a flipper, do you slow down on acquisition?
• as a wholesaler, are you still confident that you'll have a reliable list of buyers even during a recession-like environment?
• as a brrrr, are you still confident in being able to get the appraisal you need to refinance out?
I understand the general concept that when the market is down, it's a great time to buy up as an investor. However, I think where I get stuck in that philosophy is wondering how that all plays out with ARV's when comps are going bad left and right.
Thanks all.