These homes may be dated, but they can be decorated to a high standard.

This is primarily due to two key factors: low inventory (leading to tight margins) and high interest rates.

Yes - and even when its out there its typically impossible to qualify (need high rate and high DSCR and typically would have to qualify as a LTR - so almost a unicorn or in a really bad market)

Quote from @Jimmy Rojas: I live in Arizona and homes here are sky high, youd be lucky to get %6 interest rate, I would be a 1st time home buyer, apart from being 1099 employed would Trumps real estate plans benefit the little guys like me? 

1 of my kids went to prospect high.

It is right near the hospital and now Mass Gen bought out Wentworth Douglass Hospital so our units are in high demand.

I'm a real estate investor in other parts of the country but not NY due to the extremely high buy in price.

In high-appreciation markets (e.g., CA), lower cash flow may be acceptable.

Housing prices are high, mortgage rates are high, and competition is fierce so revenue is way downIt’s one thing if you bought a while back like many of us did, so your cost basis is much lower.

If what we are feeling is accurate, the January data should show substantial increase in buyer demand.Jan 1, 2020 to Jan 1, 2025 InventoryWhile interest rates remain high, the demand from buyers is still strong.