Grant Cardone Says It's a 'Buyer's Opportunity of a Lifetime' To Purchase A Home And Anyone Waiting Is a 'Dum Dum' —'It Ain't Coming Down'

Core Insights - The current real estate market presents a unique buying opportunity, particularly in the multifamily sector, according to Grant Cardone, who emphasizes that buyers should focus on favorable terms rather than just price [2][4]. Market Conditions - Cardone asserts that the current market is not comparable to the 2008 crisis, as overleveraged buyers are not prevalent this time [2]. - He highlights that 40% of U.S. homes are owned outright, and 65% of remaining mortgages are locked in at rates below 4% for up to 27 years, indicating that many homeowners have little incentive to sell [3]. Investment Strategy - Cardone advises potential buyers to target properties that are fully paid off and negotiate seller-financed terms at 3% for five years, effectively positioning themselves as the bank [1]. - He suggests that buyers should "surrender to the price and get the terms," focusing on favorable financing conditions rather than attempting to negotiate lower prices [1]. Buyer Behavior - Cardone criticizes current buyers for their unrealistic expectations regarding home prices, suggesting that many are misinformed about the market dynamics [4]. - He emphasizes that waiting for prices to drop significantly is futile, as many sellers are not under financial pressure to reduce their asking prices [4]. Alternative Investment Options - For those not ready to negotiate traditional home purchases, platforms like Arrived offer fractional shares of rental properties, allowing investors to participate in real estate with lower capital requirements [7][11].