Quote:
Originally Posted by Gatordash
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If the market does crash, then the people I really feel bad for are the ones who bought homes in the past 2 years. Paying mortgage on a 900k house that is now worth 600k would be hell.
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Did you see the home equity loan numbers from Q2 2020 through now? Big sheesh. That will compound the crash.
I'm locked and loaded with feelers already out to pick up a couple more properties during the coming downturn. Just a waiting game now. My purchases between 2008-2015 were some of my best investments to date. They all have at least doubled in value and each brings in $2,000-$2,600 a month in rent here in CO.
07-26-2021, 04:19 PM
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