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Updated over 4 years ago on . Most recent reply
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Wait or house hack now?
Hey Bigger Pockets Community,
I'm excited and ready to hop into my first house hack. There are reasons I'm concerned.
The first is that I think the real estate market may drop. If it does I will regret not getting in at a better price point. Also, I'm worried about purchasing a property with tenants that are not paying.
I know the stars are never going to align perfectly but should I wait till the end of this year to see what happens with this whole coronavirus situation?
Thoughts?
Thanks!
Most Popular Reply
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Matthew, I feel the same way with so much uncertainty. Previously, I bought at the top of the market and was upside down on my mortgage for around 8 years. I look forward to reading other people's thoughts on this. Thanks for posting!