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Updated almost 5 years ago on . Most recent reply

User Stats

113
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15
Votes
Anthony Liguori
  • Rental Property Investor
  • NJ (new jersey)
15
Votes |
113
Posts

When will it be a good time to buy post Covid-19?

Anthony Liguori
  • Rental Property Investor
  • NJ (new jersey)
Posted

I was thinking of doing a cash out refi on my home and taken a pension loan out just to grab some extra cash to have ready for post Covid-19 housing market drop, if any... 

Do you think now is a good time to do all this or should i wait... i feel that maybe i should do it and have all the cash ready just in case something good comes up... whats everyone's thoughts? 

Most Popular Reply

User Stats

328
Posts
124
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Michael Ohara
  • Investor
  • Hawaii
124
Votes |
328
Posts
Michael Ohara
  • Investor
  • Hawaii
Replied

I know investors who are hanging onto their cash, and others who are aggressively pursuing deals.  Of course, no one can 100% accurately predict the market, but it might be a good idea to have your funds ready to go as long as you can handle the payments while waiting for the deal.  All the best.

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