I was one of the lucky ones who bought a house during covid and got the best price and the absolute best interest rate... so, I'm never letting this house go! 

A cash-out refi isn't really appealing with the rates and I'm locked in at 30 yr, 4.7% currently.

I was hoping the rate cuts in the last 12 months would have had more of an impact on mortgage rates. 

There are many investors that look at promises ROI or interest rate and nothing more.  

. - Prices are too high- Prices are falling- Interest rates are too high- My Cousins, Mothers, Sister told me that Real Estate is too riskyThere’s never a “perfect” time, but everyone wishes that they started sooner.

That’s half the cost of Prime’s reduced rate.2nd, like everyone is saying, the cost of setting up and LLC is less than $100… closer to $50… if you just do it yourself through the state (not complicated).3rd, if you want someone to help you draft your operating agreement, hire a local real estate attorney and it will be significantly cheaper than $1660… probably cheaper than $550.4th, if you want someone to do your taxes and help you get your max deductions - talk to a CPA who specializes in real estate and they can review your operating agreement to see if you’re setting yourself up properly, and they can do your regular taxes… and be cheaper than Prime. 5th, a separate CPA can work with you regularly to review your investments and strategies to determine good tax strategies as you look to execute any deals. 6th - don’t lock yourself into a crazy subscription model before you start making money!!!

These will be LTRs and I will most definitely be playing the long game with these.In addition, as rates go down in the future (hopefully) I plan to refinance as most of us do.

Nobody wants to be around people like this, so I’ve had to lower my rent drastically and have a high turnover rate here.

HML rates are currently around 11% plus a few points.

All 3 parts are critical to being successful here and we’ve been doing it with todays prices, todays competition and todays interest rates.