All Forum Posts by: Andrew Syrios

Welcome to BiggerPockets Garrett!

I guess you could call the conservative investor an "adaptive investor". We've adapting our strategy some but have also just been more conservative on what deals we'll take and demand a bigger margin than six months ago.

Welcome to BiggerPockets Nicholas and best of luck investing!

Welcome aboard Eugene!

I generally don't like buying properties that won't cash flow. So I would lean toward the townhome. Did you get any built-in equity in that one?

Welcome to BiggerPockets Don!

Welcome to BiggerPockets Larry and best of luck investing!

Basically that means you would need someone to partner on the deal or cosign the loan. That's really going to need to be someone you know well and is willing to risk their credit on your behalf.

Welcome to BiggerPockets Jonathan and best of luck investing!

I think it's way too early to assume inflation has peaked or at the least, calmed down. We have one month to show that. In addition, with the wave of big layoffs that have just been announced (11,000 at Meta, 10,000 at Amazon, 4000 at Twitter and a bunch of other companies not to mention a lot of layoffs in the construction industry and real estate agents/mortgage brokers needing a new job) if inflation has peaked, it's probably because we are in the early stages of a real recession (versus the technical recession of Q1-Q2 earlier this year). Recessions are often how inflation slows down i.e. 1982.