Should I buy a home in this crazy real estate market?

This is one of the greatest times in history to buy a home. Prices have never bend so low, and the interest rates are unbelievably low. There are so many great houses for sale right now that you can pick and choose the one you really want. Now is a great time to buy a house that needs a little tlc, put some carpet and paint in, and have a great home with a ton of equity. Even if your not handy enough to do that there are plenty of move in ready homes for sale. 

There are so many motivated sellers out there that finding an owner finance deal is not that hard. People have to sell there homes for all kinds of reasons. Find someone that has to move because of a job transfer and needs to get rid of the house fast, because they don't want to or cant afford to make the house payment. They would be glad to get you set up on a rent to own or owner finance deal in a hurry. That's just one example, there are many more.

For most people buying a home is their largest investment. We all need to remember that the real estate market is just like any other market, it goes up and down. It just so happens we are in a down market right now, but it will not be like this forever. It will get better. Remember the golden rule of investing is buy low, sell high and according to that simple plan its time to buy!

If your wanting to invest in real estate right now just make sure you are investing for cash flow and not capital gains. I got caught up in the whole flipping houses thing a few years ago and we did really well at it. But that was a different market back then and we could sell the houses a lot faster than we can now. Long term wealth is created by building up your monthly cash flow. The rental market is booming right now and is a great way to get a higher return on your investment. 

We have a ton of cheap houses right now and if you would like to take a look at what we have you can click on this link: buyahousekcmo.com and get instant access to fixer uppers and rental properties. 

Thank you for taking the time to read my blog!!!