Buy Now or Wait for a correction? End of 2024 - With Dawn Fouhy

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  • Опубликовано: 5 дек 2024

Комментарии • 25

  • @benjamindunster9453
    @benjamindunster9453 12 часов назад +1

    Just a question is there a time limit to buying a investment property using equity in property you just bought 4 months ago, or as long as theres enough equity in the property

    • @pizzaandproperty1246
      @pizzaandproperty1246  12 часов назад +1

      This is a great question Ben!
      It comes down to your lender and how soon they’ll allow the refi to pull equity
      If you’re working with a broker that walks the talk they should be able to walk you through the steps
      Just keep in mind if you paid LMI ( lenders mortgage insurance) to get in and refi out above 80:20 again you’ll need to pay LMI again

    • @benjamindunster9453
      @benjamindunster9453 11 часов назад

      @pizzaandproperty1246 thanks mate, love the podcasts 👍

  • @zubair242
    @zubair242 2 дня назад +7

    I respect Dawn's opinion and agree on that. However, no buyer's agent will come and say dont buy :)

    • @mangoman9290
      @mangoman9290 2 дня назад +1

      Its always a good time to buy and always a good time to sell :)

    • @pizzaandproperty1246
      @pizzaandproperty1246  День назад +1

      There’s very few investors that have actually built a portfolio, BA or not that, will tell you waiting is a good idea
      100% Dawn has a vested interest in people buying more but this episode isn’t about more people using her to buy it’s about making sure you don’t miss opportunities

  • @lionheart1727
    @lionheart1727 7 минут назад

    Thanks both a good a good episode. I like Todd's approach, its about giving everyone a platform and their opinion. As a viewer you take what you find useful. Like Dawn, she has some good and not so good opinions, do your own research and take what you need, for free.

  • @VegetaExe-x4w
    @VegetaExe-x4w 2 дня назад +3

    Which property should i invest my 100$ in ?

  • @paulwright3562
    @paulwright3562 2 дня назад +2

    Dawns the real deal

  • @cairnsreefer4658
    @cairnsreefer4658 День назад +1

    Property crash no . Property correction yes . History shows that prices don’t always go up .
    Buying now is still okay if you’re going told to hold for the long haul . Just be prepared for a few years of little to no growth at some point.

  • @Rose-e5g8m
    @Rose-e5g8m 2 дня назад +5

    "LMI is just the cost of doing business".....what a great way of looking at it, rather than holding off to avoid it. Although I feel like anything sounds good when said with that accent 😁

  • @conor_kelly
    @conor_kelly 2 дня назад +1

    Inflation is the wild card. Could drive rates up

    • @pizzaandproperty1246
      @pizzaandproperty1246  День назад +1

      Good point! But It’s been tracking pretty tracking pretty well lately

  • @jamesm6341
    @jamesm6341 2 дня назад +2

    Buyer agent wants 20k plus to buy a property 😂 looks like business drying up.

    • @pizzaandproperty1246
      @pizzaandproperty1246  День назад +1

      Haha not the best takeaway from the episode bro

    • @jamesm6341
      @jamesm6341 День назад +1

      It’d be great to see diverse perspectives on your channel-it’s always buyers’ agents. Fair for them to disclose their fees too, don’t you think?