No cash flow at current interest rates, should I still buy with hopes of refinancing
Hello bigger pocket community! I am first time investment rental property buyer from Iowa.
I am looking at few properties a week but with current interest rate of around 7% none are cash flowing even after hard bargain. However, if I reduce the interest rates to 4-5% I get $200 to 300 cash flow. Should I buy these properties now and wait to refinance ?