Consider a price reduction.

Lengthier Escrow PeriodsNew flippers, unestablished in the market, will feel the weight of this bill most acutely.

With a half point rate reduction by the Fed, our HELOC rate was reduced by the same amount, and we've begun the refinance process.

You do have to prove your value, not just ask for a reduction. 

How much value goes down for a house with foundation issues, found a house for FixNFlip, they mentioned it has foundation issues and they got them fixed, but whats the value reduction from market price , How safe it is to purchase house like these 

This means a lot of units are sitting, and we're seeing a lot of price reductions, lower offers being accepted, sellers willing to help cover buyer closing costs, etc. 

Those memos do not hold authoratative weight but shows the IRS’ thoughts!

It will take you nearly 3 years to breakeven on your cost to acquire the loan and see true savings from an interest rate reduction.

The average home takes 3 price reductions before going under contract.

Maybe, maybe notYou have to weight the pros / cons along with the risks.Your BP mentions you are 'new to real estate'.You are getting into a new asset class along with a business(I consider a STR more of a business than an investment).How much will you save in taxes?