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I'm too young to remember the 80's bust, but can someone explain the theory of a market downturn to me? As I figure it, if the market goes down it creates lower prices (good for investors) but it leaves many people homeless who then would probably be renting. Wouldn't rental properties then be in a favorable position?

Or would the number of rentals in a major downturn be greater than the demand, causing rental prices to drop thus potentially causing many properties to go into negative cash flow?

In my situation, I am only intersted in buying properties to rent in order to have enough passive income to support me (and my future family) in case of unemployment. Would it be worthwhile for me to still buy properties now even with a downturn being foretold, or would sitting on my cash now be better and waiting for lower prices even though rents would also potentially be lower?

TIA

Clearly being able to find and purchase a unit at a discount is the best option for a real estate investor. What about for those that are using RE as supplemental income? For instance, I have found a few units selling for under or around 25k. The area is nice, growing, and the units arn't junk. So long as cash flow is positive....it's all good right?

Hey everyone, I'm new here and to RE in general but I have some money saved that I'd like to invest in some RE.

That being said, I am looking at a few apt units that are all under 50k (most are under 40). My question is about financing these units. The easiest method seems to be to just do traditional 15 or 30 year mortgages while paying down as little as possible correct? I'm not looking to simply flip these units but am more interested in the long term rental income.

I have read about more creative financing when there is seller financing available, but it seems these units are all being sold be re agents.

Any advice would help, thanks!