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Updated about 1 year ago, 09/12/2023
Buy now or wait.
Hi everyone,
I own a single family rental in Seguin, TX and I’m looking to keep adding more rental properties. I am interested in single family and multi-unit properties. I currently have 45k in cash and I save about 2,500-3,000 dollars a month to put towards buying another property. Getting a second property has been extremely hard with the rate hikes and current environment. Do you think it would be wise to keep saving up and wait about 6-12 months or continue to pursue properties now? Thanks!