When is the "right" time to buy real estate?
 

When should you buy real estate? As soon as you can afford it, or as soon as you have say $X amount saved up.

Obviously with houses you need a downpayment.

Aside from that I mean when should you look at a purchase?

just borrow as much money as you can and buy as many properties as you can afford, real estate always goes up at least 10% a year or more, it never goes down, ever.

What planet are you living on man?

If you spend all of your available money on real estate and the market drops out and you lose all of the equity that is being used as collateral for your investments, you will lose all of your investments because the lender will want the collateral.

stay away from volatility markets like shithole california, that place is great for over inflation, FHA loans come real cheap at 3% down, or find many home builders letting you now do the grunt work such as landscaping and painting as your downpayment. BUY NOW BUY ALL THE TIME. We own 4 homes and its the best decision one can make as far as investments go.

No kidding. I was wondering what that dude was on.

I think he was joking. :glugglug

BUY LOW SELL HIGH

what are ya talkin about man, MANY lenders do 100-105-110 and even 115% financing. You pay the note every month is all they care about, we been in the mtg biz for over a decade. Get a clue

It would seem that the best time to buy real estate would be after you have spoken to Rochard ;)

Regards,

Lee

Stop saying that!!!

I know, I was being sarcastic :glugglug