Anyone having trouble finding good deals in this market?

[Sam Abraham]

Hello,

So I signed up for Pro yesterday and out of excitement I ran the calculator on about 50 multifamily homes to see if any would cash flow. It seems none of them would cash flow at the current price point because of how much real estate prices have gone up. Anyone else just thinking about playing the waiting game for real estate prices to at least correct? Some properties had potential but I would look at the price history and they would be 50%+ in the last two years which is crazy. I know good deals aren't supposed to be easy to find but the state of the market seems to have pushed the price too high on all deals. Also any good resources for maneuvering through an expensive market? My area is rather expensive so I am guessing my first purchase will have to be through FHA or FHA 203k.

Thanks

-Sam