For real estate investors, waiting for the market to stabilize is usually the way to go. But considering the current pandemic, stabilizing could take some time. And with so much real estate opportunity on the horizon (and currently), waiting may not be something you want to do.
If this sounds like you, here are four principles to help guide you through real estate investing during a crisis.
1. Be Patient
It's an unfortunate expectation, but with the recent spike in unemployment, it won't be lone before we see homeowners foreclose. As an investor, you need to be patient and be more selective.
Wait for a property with a large profit margin and can withstand a possible hit in resale value (more on that below). There are still many…