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Updated over 5 years ago on . Most recent reply

User Stats

16
Posts
4
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David Van
  • Rental Property Investor
  • Henderson, Nv
4
Votes |
16
Posts

Is Recession looming?

David Van
  • Rental Property Investor
  • Henderson, Nv
Posted

Looking to buy another multi unit. It cash flows well 12% about. I need to put down 25% for this. So far I haven't had much luck doing any BRRRR properties so most of my properties I work hard and save the money to put down. I'm slightly concerned that if I use up a lot of my reserves I won't have anything in case a correction/recession comes or a potential BRRRR. Thoughts?

  • David Van
  • Most Popular Reply

    User Stats

    17,434
    Posts
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    Russell Brazil
    • Real Estate Agent
    • Washington, D.C.
    30,082
    Votes |
    17,434
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    Russell Brazil
    • Real Estate Agent
    • Washington, D.C.
    ModeratorReplied

    There is always a recession looming.

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    District Invest Group
    5.0 stars
    44 Reviews

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