— 4Δ 𝓡𝓮𝓷𝓮 💪 The Forever Landlord

.🛍️ Consumers Keep SpendingRetail sales beat expectations with a 0.6% bump in July, led by back-to-school and online shopping.👉 Market takeaway: Strong spending keeps the economy out of trouble, but it also makes the Fed’s inflation fight harder.

But around a 1-2year wait feels like forever until I can actually purchase.

.📊 Inflation Meets ExpectationsThe Consumer Price Index (CPI), which measures the cost of everyday goods and services, rose 0.4% in August and is up 2.9% compared to last year.

Just be aware that DSCR loans do not allow you to make personal or household use of the funds from a DSCR cashout refi (otherwise it can become a consumer finance loan).

I hope to never sell a property and hold it forever if there are no crazy circumstances. 

This caused a historically unique opportunity for investors - they could buy Class A properties and immediately cashflow when renting them out.This couldn't last forever, and it didn't, as excited new investors drove up prices.

It can be used for the next property, extra savings, invest into stocks/mutual funds, pay off any consumer debt, etc. 

This negative position can consume years of cash flow to recover.

surveys and ownership in rural counties can be time consuming and expensive.