Updated about 3 years ago on . Most recent reply
How is your strategy changing? Sitting on the fence...
Due to interest rates, refinancing is more expensive, so often times more (or most) of your own money needs to be left in the deal in order to make rental income make sense, which ultimately slows down your ability to move from project to project. Also due to interest rates, selling houses is seeming more risky because the buyer pool has narrowed - houses are starting to sit on the market longer, and prices are being dropped more frequently.
How are you all pivoting due to these market changes?
Cheers!
Most Popular Reply
my criteria has changed, I'm now hitting seller finance, Sub2 and buying at %70