Quote from @Chris Brewer: They’re actually asking more for the property that’s just the number I think I can buy it for.

Who's gonna buy them?

Instead of stressing over timing it perfectly, focus on making sure the deal still works even if rates shift.Since you’re buying in Norfolk, check if lenders there offer any investor-friendly incentives.

I'm buying and selling industrial.

If you ask for a CMA from a local PM, you will be able to make sure the numbers make sense before you buy!

Are you buying amazing deals or are they closer to market value?  

Investment Info:Small multi-family (2-4 units) buy & hold investment. 3 unit apartment complex What made you interested in investing in this type of deal?

For many young Americans, buying a home has always been a major milestone—one that represents financial stability and long-term investment.

But I think, with so many pro-tenant laws coming out, if I buy a property in a more "sane" city, who knows if they won't introduce woke laws later in the future.

P.S. also reach out to experienced real estate agents that cater to buy and hold investors and let them know of your intentions and availability.