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All Forum Posts by: Darnell Davy

Darnell Davy has started 2 posts and replied 4 times.

Post: To Buy or Not To Buy: Let’s Settle This!

Darnell DavyPosted
  • Investor
  • New York, NY
  • Posts 4
  • Votes 1

@Theresa Harris that’s the push I needed. THANKS!!

Post: To Buy or Not To Buy: Let’s Settle This!

Darnell DavyPosted
  • Investor
  • New York, NY
  • Posts 4
  • Votes 1

If you are like me (motivated, inspired, and looking to get your first deal done), I’m sure you have been overloaded with information and questions. Will there be a housing market crash? Will house prices drop in the next 6-12 months? What about the unemployment bubble? Should I just jump in now? What if I get in now and then I get burned because of timing?

My gut is telling me to just take the calculated risk and get in! Sink or swim. I’m a newbie but I’ve done my research and analyzed a market that seems like it will work for me. I’ve done my prequal and have what seems to be a solid agent that work with investors.

Do you think I should continue on or wait to see how the market continues to react to the pandemic?

@Michael Barnhart @Kyle Altenau @Sam Martin

Thank you for your insight!

I’m looking to be an out of state investor but a local lender of that town just told me that they don’t lend to out of state investors.

Is this common? I want to know before I start calling my list of other lenders.