Hi everyone,
Our town, Las Cruces, has had much less housing market dip than some places. It seems housing prices still may have more downward movement from news today. I'm looking at a multi-family (fourplex). It's a good deal and an unusually good property for around here. Does a smart real estate investor now wait to buy a multi until housing prices have bottomed, even if the property cash flows?
Thanks!
Jim
Our town, Las Cruces, has had much less housing market dip than some places. It seems housing prices still may have more downward movement from news today. I'm looking at a multi-family (fourplex). It's a good deal and an unusually good property for around here. Does a smart real estate investor now wait to buy a multi until housing prices have bottomed, even if the property cash flows?
Thanks!
Jim