But interest of even 15% for ~6 months (i.e. 7.5% cost) is rather tiny compared to ROIs at 50-100% (which takes work to pull off of course).

And with concerns over tariffs and rising costs, a lot of people are wondering how that’s going to impact their wallets.And speaking of concerns, consumer confidence took a hit.

@Andrew Self I would like to think that my company is the best and offers the lowest rates and closing costs, but perhaps I am bias.

It appraised for $201,000 the other month and I put $103,000 in my pocket after closing costs and paying off the old note.I wish I had about 20 more of those...

I know the tax hit isn’t ideal, but I’m wondering if the long-term cash flow benefits outweigh the opportunity cost.

There can be substantial transfer costs and taxes involved.We're not even dealing with the issues of protected classes, emotional people, pre-foreclosures, elderly and minorities.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

Your utility cost is likely high as well.  

There are many reasons but near the top of the list is their cost versus the value add. 

What I do think and this is just my 2 cent opinion is I do not think we will see steep drops, I think we will see some softening in areas over the next few years where we do not get appreciation - which with inflation still going strong will essentially lead to pricing staying the same / lowering slightly between now and 2027ish which with cost of dollar not going as far will be essentially the same as salaries etc. catching up to home prices.Hope that makes sense.