Wait for a stronger financial picture and speak with lenders to get pre-approved for higher loan amounts or favorable interest rates.

When you are the money and they are the work, they can add up their construction costs higher to push more to their side without you knowing.You are really saying you would like to be a lender on someone's project.

BRRRRs have gotten old so now looking at higher end STR RE

If you hold it long enough, it will increase in value through appreciation and you can sell it for a higher price.

But generally speaking based on historical data, after hurricanes the overall supply is reduced while demand is increased, which creates higher pricing. 

While opinions may vary, I rely on data to help drive real estate decisions and planning.Key ConsiderationsEducational Attainment: 77008 boasts higher numbers of residents with bachelor's (12,241) and master's degrees (5,739) compared to 77063.Demographics: 77063 has a higher percentage of foreign-born residents (41.02%) which typically indicates a strong rental market and with 76.86% renter-occupied versus 32.60% in 77008.Economic Factors: Median income in 77008 is $140,609 with a low unemployment rate of 3.37%, whereas 77063 shows lower median income ($51,899), higher unemployment (9.99%), and more families below the poverty level (16.51%), which may indicate economic diversity but also potential rental payment risks​​.Age Distribution: 77008 has more middle-aged residents (35-54) [8970 compared to 6,115] and a slightly higher proportion of young adults (25-34) compared to 77063 but both are popular with younger adults suggesting strong rental markets equally exist.Housing Market: 77008 features a higher percentage of family households (52.39%) and married-couple families (44.77%), suggesting stability and potential for property appreciation.Digital Advertising Demand: Houston Heights apartments (77008): 50,000 average monthly searches.

Understand the risks in different areas, such as flood zones, as they can come with higher insurance costs and more risk.

You can sometimes push the selling price higher with multiple interested buyers in a bidding war.Additionally, selling property in a hot market means you can usually negotiate better terms.

Your monthly payment may end up being higher, even if you get a lower interest rate. 3.

That will help your property sell for higher in the future and will also help increase your rental income.