Quote from @Teddy Mao: Read a few books on real estate investing to learn the power of leverage.

The Fed signaled that it will cut the rate by another half a percentage point this year and expects four more cuts in 2025 and two in 2026.”I don’t have a crystal ball here… but logic suggests as rates dip into the lower 6s, and then 5s, potentially into the upper 4s, buyer power will increase.

It will be an extremely risky proposition and likely end up in failure.

And I agree with you, if you haven't lost money in this business, you are either extremely lucky or blessed.

I believe in the power of networking and collaboration, which is why I am eager to connect with fellow members here on BiggerPockets.In addition to my work in real estate, I am committed to continuous learning and professional development.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!

Both can be powerful tools for investors, especially when you’re looking to maximize cash flow and returns.Since most lenders have a minimum loan requirement of $75K, you might want to explore hard money lenders.These lenders specialize in funding investment properties, even for amounts below traditional lending thresholds.

id=15ehUtK-JkK0px-S5IUxSaLwZSUrwNjSNPS :  a key standout for me using the model has been the power of cash-out refis.

I said only if it was installed by an electrician, remained with the house and I had veto power if I didn't like it.

I only worry about matching appliance brands on extremely high end units.