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Updated over 2 years ago,

User Stats

27
Posts
13
Votes
Byron Bailey
  • Rental Property Investor
  • Wilmington, NC
13
Votes |
27
Posts

How is your strategy changing? Sitting on the fence...

Byron Bailey
  • Rental Property Investor
  • Wilmington, NC
Posted

Due to interest rates, the buyer pool is narrowed - houses are starting to sit on the market longer, and prices are being dropped more frequently.  Also due to interest rates, refinancing is more expensive, so often times more of your own money needs to be left in the deal in order to make rental income make sense, which ultimately slows down your ability to move from project to project.  

How are you all pivoting due to these market changes?  

Cheers! 

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