There is a ton of money on the side line and most would love to lend at 7+%.

My first rental property generated a cash on cash return of 7% (not great, but not terrible) but more importantly I was off the sidelines, in the game, learning, and building my level of experience and comfort, which then led to better deals in the future. 

@Nick Brown I was a young go-getter and wasn't going to sit on the sidelines.

I have worked with many investors that just didn't feel comfortable buying over the years because prices were up, there were uncertainties, etc, etc... they are still sitting on the sidelines while others have acquired all kinds of equity, cash flow, and experience. 

There is a lot of money on the sidelines, looking for the right investment vehicles.

Interest rates are expected to lower in 2024 which should bring out all people on the sidelines waiting for that.

It was a nightmare but 6-months later I went from sitting on the sidelines watching house, after house, get remodeled, flipped, or sold to other investors to owning a property I flipped and could sell, rent, cash-flow, or continue living there for cheap.

However, for me and for now, I’m watching from the sidelines for a (hopefully) eventual market cool down.

Those that are not, are sitting on the sidelines hoping a traditional deal falls in their lap.  

So, if interest rates are a buyer’s primary reason for staying on the sideline, my recommendation is to focus on opportunities to negotiate a reduced interest rate from a seller or take a look at new construction, where builders are offering rate reductions and other substantial incentives.What if I’m a seller?