Trying to get my first rental

[Spencer Davis]

Hi I struggling to find properties in my area that will actually cash flow positive with all the recent rate hikes for a rental property loan with 25% down I am still looking at 7.99 with a point. Am I better off waiting for a rate drop or till I can put more down?  Or should I start looking into other strategies. Right now I only have enough to look at condos which don't have much appreciation due to my price range.