Dive in or sit back

[Donald SaintVal]

Hi Brrrr community! I am hell bent on this being the year that I start my brrrr journey with the purchase of my first property. Of course interest rates have climbed significantly, but I remain of the mind that investors are not sitting on the sidelines and there is money to be made in any market condition. With that being said, I do want to be wise. Does it make sense to remain patient(the struggle!) in hopes of inflation and fed reversal to get better rates, or should I press forward and jump in? Appreciate any input 

[Billy Daniel]

Dive in!  The problem with waiting on what the economy or Fed is going to do, is there will always be something to wait on.  Right now its interest rates and a looming recession.  In six months it could be interest rates and looming recession.  Many of the people I follow are saying the economy is only going to get worse in the near term, but the real estate market will continue to improve.  Don't get stuck "waiting to see what happens" and then miss out on some great market appreciation!

"It's always a good time to buy a GOOD piece of real estate" - Jim Fischetti