I have just put offers on 2 Single family homes & one of which I plan to live in.The foundation in the basement has been painted white & I believe there could be some issues as the outer concrete wall has softened.

With a softening market, look for opportunities in the Fraser Valley and even in the Lake Country.

To prepare for a softening in market I’ve been flipping and wholesaling more of the properties I would generally hold to save cash and raise reserves.

It would appear that the market is beginning to soften so putting yourself into a situation where you are already losing $350-$500 per month leaves you zero cushion on the downside.

It needs a lot of minor work but is eventually going to need a new roof and a new Water Softener.

But I'd have to go out and put that money back into a another deal, what if the market softens up in the next year or so? 

We ran into issues during construction which killed our budget and the market softened when we went to market.

Here north in Silicon Valley most sellers used to act like so now the market has softened and contingencies are more often accepted.

If there is any price softening during your 3 year window then that's out the window too!

Luckily I was able to represent myself as the buyer and buyer's agent so getting that commission check definitely softened the blow financially on closing costs.