No competition with "off market".

I don't think it will be like 2021, but there will still be more competition.Versus, buying now, rates drop, competition increases and prices go up, and you get to ride it out.

Major issues, numbers just aren’t that good, hiding something and wholesalers aren’t bound by the code of ethics to disclose issues like agents are etc… We also have a competitive off market, market.

Then you could buy now before competition becomes crazy again and refinance when rates come down.

I know my unit is priced competitively and the showings go great, I have gotten great feedback on the property. 

Then you could buy now before competition becomes crazy again and refinance when rates come down.3.

We submitted a low offer, expecting less competition......and, they accepted!

Competition is definitely lower as well as prices, but distance is usually a factor for most people.

If you are getting started, proximity will help you and you can gain a quick competitive advantage by learning your new market with a bunch of cash to deploy into it.

I've read the opinion letters prepared for my clients and I trust the opinion of a tax attorney over that of a 1031 intermediary pathetically trying to protect his business by bashing the competition.