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Updated about 4 years ago on . Most recent reply

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Chris Morris
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Votes |
9
Posts

Anchorage makert, time to buy my first investment or wait?

Chris Morris
Posted

I am looking to purchase my first BRRRR of a fourplex or duplex I can combined with a house hack. I already have per-approval and cash on in hand for rehabbing however, I am hesitant buy in this market and I am having trouble finding deals show a good ROI. Alaska has always been fairly resilient and I don't believe our low inventory will changed anytime soon. But will we soon be seeing big opportunities in early next year?

Most Popular Reply

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227
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133
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Connor Dunham
  • Investor
  • Anchorage, AK
133
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227
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Connor Dunham
  • Investor
  • Anchorage, AK
Replied

@Chris Morris Any time is a good time to buy. There is plenty of inventory out there. You'll never be able to time the housing market. A morsel for your worries though - the market is still depressed since 2015. Remember AK often behaves inverse to the lower-48 economy. 

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