Most sellers will agree to some price reduction or concessions in this market if the appraised value is low.

We should see a reduction in licensed agents.Of course, none of have a crystal ball but what I do know is that With Big Change Comes Big Opportunities.As always please feel free to reach out if you would like to discuss this further.

., don't forget to factor in the cost of your rent in your calculation.For example, house hacking a multifamily in a desirable part of Philly might not cashflow, but is the reduction to your cost of living greater than the cashflow from an investment property in a bad part of town?

Loss of use coverage provides insurance against the reduction in income it doesn't obligate you to keep the tenants lease going.

(Line 238 if you used a purchase agreement)  If I was your realtor, I would send the seller the estimate and ask for a price reduction of that amount.  

@David S.When reviewing deductibles and premiums, I look for the deductible where the premium reduction is negligible when you go to the next deductible above it.

Currently we are seeing STR owners posting for sale due to reduction in prices they can get per night and the vacancy rate increasing.

Look at the FED, they keep hinting at 3 rate reductions this year... crickets.

But the power of a house hack is not from the cashflow after you leave, its in the immediate reduction of living costs you get while living there and the incredibly low down payment options you can use.  

Property was listed for $195k and has had two $10k price reductions.