Hey @Shwetha Pindikuri I understand that cash flow seems impossible in Austin but there are pockets outside of the city that work as a long term rental.

As inflation is sticky at 3 and unemployment is also sticky at 3 then yea like what you said, 5 is almost impossible, 5 is only possible on 10YARM only when 10 year note is reaching around 3 something.  

There are lots of ways to be involved in real estate and it's impossible to know all aspects oneself.   

But if the spread is $3.00 per $1K (which will be impossible), then I go with IO.10YARM for sure, mathmatically speaking , would perform better than 30YFRM. 

Qualifying for ground up construction (GUC) loans without the experience of successful flips or other GUC projects is tough... not impossible, but also notably not cheap.

If they don’t seem impossible they’re not big enough.

With the 7% interest rate, it is almost impossible to cash flow, unless you do midterm rentals or rent by the room. 

@Carol Lam It's possible to buy "directly" from the bank but like Chris said it's d**m near impossible.

If a PM is not going to hold themselves liable for breaking the law which is what this agreement says since willful misconduct is almost impossible to prove as it has to be premeditated - then that is not a risk I will take. 

Hi Andy,I can understand the pains of investing in areas where it seems nearly impossible to find cashflowing rentals or even profitable flips!