You will be able to get higher leverage, better rates, etc once you have more experience!

Interest rates atm seem quite high so will ride this out a bit longer (and ratios will continue to improve over time.) 

We had been in a fast appreciation and low interest rate market for years.

In addition, all Rent payments hereunder not made within five (5) days of the due date shall bear interest at the rate of one and one-half percent (1-1/2%) per month"The monthly rent is $1550 so the late fee is easy - I've set the account to charge 5% if the rent isn't received within the 10 days stated ($77.50).

The objective is to upsell to a master mind program or the artificial intelligence datasets, which also have zero response rate.

However, what I don't know is how long have you been in your home (how much equity do you have in the home) and what is your current interest rate.  

You will pay for the higher risk with higher rates and origination fees but if the deal makes sense then congrats.

That will be a determining factor for where it makes sense for you to purchase.Regarding waiting - bear in mind a lot of people were predicting rates in 2024 would be in 5% range or low 6s, which didn't turn out to be the case.

The Fed raised rates and dropped the values of those T-Bills.

Success rate.