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All Forum Posts by: Moshe Baum

Moshe Baum has started 1 posts and replied 1 times.

Post: Is a crash in sight?

Moshe BaumPosted
  • Posts 1
  • Votes 0

A big question that investors are facing now is as follows, since the fed hiked the rates, and it is only getting higher, does that mean that there will be a real estate crash in the near future?

for instance, if I do a hard money fix and flip deal, and by the time I'm ready  to make a cash out, (in a few months  from now) it will be in the middle of a crash, and the rates will be much higher then expected, and the value of the property will drop, I'll be in big trouble getting a bank to do my refinance,

so back to the question, Is a crash in 2023 a possibility? And is it enough a concern to hold on new deals for now?