What’s the current best strategy
What’s the current best strategy for accumulating buy and hold real estate? Wait and stock up cash for shift in market or put 50% down to make a property cash flow? I understand the least amount of money down is best, but how do you cash flow with interest rates so high?
Most Popular Reply
It'll be tough finding anything that cash flows right now using max leverage. Borderline impossible.
If I was acquiring rentals right now I'd be looking for the motivated sellers right on the MLS. There are a ton of properties on the market that are priced fairly but have been sitting on the market 50+ days, not selling. I'd go to these sellers, uncover those that are motivated, and try to buy for 10-20% under the asking price.
Prices are already down 20% from the peak in some areas. So if you can get another 10%+ discount from there, you're buying right.