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Updated over 2 years ago,
[CASHFLOW MARKETS] Which market to invest with high interest rate
Hi All,
I am just getting started in my real estate investing strategy (may be not the best time given the high inflation, looming recession etc.). But, still wanted to get started in a high cash flow market.
Which markets should I look at for high cash flow with the 6%+ interest rates? I know I can get an ARM for 4-5%, but would rather lock my rate for 30 years with a fixed mortgage of 6%+. Some appreciation of 3-4% annually stable market will be good.
I have heard of Memphis, Cleveland, San Antonio as some pointers from my friends in real estate, but wanted to get everyone else's perspective here. Thanks!