At these rates, it seems like it would be better (for now) to wait on the sidelines and get a high-dividend REIT.So my questions are:1.

I'm still on the sidelines and working with a realtor but haven't pulled the trigger quite yet.

Among other things I'd report this tenants "side line" business to her Section 8 caseworker.Gail

I have been sitting on the sidelines about a year trying to decide what I want to do with that equity.

As a beginner with money on the sidelines, I would wait for the next recession before going heavy on RE.

If you take this on, be sure to have a lot of reserves on the sideline. 

I would also point out that it's unlikely the rates will come down close to 2.99% within the next year, so sitting on the sideline for years is a risk in of itself.Alternatively, you could get a 2nd mortgage that would allow you to keep the first mortgage at 2.99%.

This makes cash flowing properties hard to come by imo.Several of my local investor club buddies are sitting on the sidelines, selling some inventory and building a cash hoard.Happy to help with info - as always - do your due diligence and do not blindly listen to some random poster on web sites.Good luck

How many people sitting the sidelines of home purchase, what do they do?

But if you constantly wat for that youre gonna be on the sidelines for a while.Good luck out there, its fun learning on the fly and learning more and more each day youre involved in this