investing in real estate during the rate hikes?

[Gabriel G.]

I just finished reading an article from Bloomberg and of course everyone and their mom thinks that interest rates will go up soon (aka December)... So my question is, how will this affect me as a wannabe flipper and buy and hold guy? I mean I get that loans will have higher interest rates and that there will be less buyers able to purchase homes due to the higher interest rates but is that it? Does that mean I shouldn't get into flipping? Any flippers that can talk about how things where when interest rates were going up over a decade ago?