Take that and when rates are lower refi into a stable 30yr.

Stable job growth, population growth, much more friendly tenant/landlord laws, property taxes DO NOT reassess on the sale, high appreciation due to land constraints, etc. 

So when a major financial institute says your not financially stable enough for additional debt, YOU SHOULD LISTEN. 

The area off Broadway now known as "THE war zone of all war zones" was previously known as "THE fur district" and the area was all top shelf, opulent mansions. 

Montgomery has incredibly low property taxes and a large stable job market anchored by government and education sectors.

And since builders are not currently incentivized to build given the high cost and low margins, that will keep prices stable and demand high once rates begin to drop in 2026.

Looking for ideas, New to the realestate

., allowing flippers to invest with lower upfront costs.Growing Job Market: With industries like logistics, healthcare, and tech expanding in Memphis, demand for housing is on the rise.Steady Appreciation: Home values in Memphis have been steadily increasing, providing a favorable market for short-term flips.If you’re looking to get into the house-flipping game, Memphis offers the potential for high returns in a stable, growing market.

Here's what I’m targeting:Investment Criteria:Unemployment rates below the national average.Rent-to-price (RTP) ratio of 0.60 or higher.Median home prices below $150,000.Growing population and areas where rents are stable or increasing.Key Questions:Which markets have you found to be ideal for first-time investors?

Personally, I have a stable long term W2 job which can cover my family’s expenses.