Plan for future purchase or buy something now

[Jeremy Roberts]

My wife and I have been saving money and paying down debt waiting for the market downturn. Is this the best strategy or should I be looking to build my portfolio? 

We currently own three SF rentals cash flowing around $500 per month each. We've also paid our primary residence down so we could get a HELOC for future investments.

[Ken T.]

I agree with the previous posts. Just because prices are high right now doesn't mean there aren't good deals out there. If you find a good deal, I'd absolutely go for it! However, I wouldn't lower your standards for a good deal because "all the prices are so high."