Although I will probably pay a slightly higher interest rate.

I just read a new ranking of market ratings and I was not a fan seeing MN ranked 99.9 out of 100 potential score.

Maybe they are trying to annoy people with low rate mortgages on purpose to get them to refinance (conspiracy theory alert)?

If you're using financing, evaluate how a rate hike could affect your payments.

Lastly, they’re going to want a higher interest rate than they can get from the bank for taking the risk.

Memphis is a market where BRRRR is possible, but with rates going up again, it's not a great idea.

😳This is caused by a combination of buyers not being able to afford to buy with interest rates back up above 7%, and seller’s not wanting to budge on their sale price...a standoff.My guess is 2025 will likely be just like 2024 and 2023 if rates stay above 6%....

Also, the vacancy rate was understated.  

My conversion rate was higher because they kind of look like a wedding invite.In regard to lenders, join meetups and local facebook groups and ask for referrals.I’m doing larger commercial deals now and found I wasted a Ton of money on direct mail.

I've just been swamped, showing properties, with everyone trying to tie stuff down before rates go up again.