Market Discussions and Real Estate

[AJ Satcher]

Hey everyone! I took some time off from my typical in depth Real Estate research to focus on starting another side business, but now I am back and ready! Only problem is... this market now LOL.

I wanted to see what others are currently doing in preparation of this major market decline. Are you holding off? Or are you still finding creative ways to make your strategy work?

I'm not gonna lie, I am a bit concerned about the market currently. I had ambitions to do a BRRRR this year but with interest rates AND home prices so high, I think it will be very, very difficult to see the numbers work. My second thought is just to go ahead and get another conventional mortgage, put 3% down move into that - rent out my current home. Of course this is the very slow way, but it will make me feel like I'm still making progress. My third thought here is to wait things and continue saving, but with this I'm making no progress.

Give me your thoughts please! My wife and I have roughly $40k saved up. It's been a year living in our primary home. We are located in Atlanta, GA :)