Also the property under appraised, it was about $24,000 lower than contract/asking price, the appraiser took inflation into account and raised the value so that it was $8000 less than asking price.We were scheduled to close Tuesday, April 25.

Your rate is 6% under inflation- free money.If the repairs are vital then live in the property until its ready for the rental market

There is now a lot of building going on, but the Fed is having to react to the inflation going on, so it is cranking up the interest rates…which should have the net effect of lowering the buying power of the public, which should decrease demand for real estate, or at least the amount for which the public can afford.

Debt can also make sense in times of high inflation like right now.

While many families have been staying closer to home rather than air travel, inflation and gas prices are affecting plans for many.Let us know the exciting places you're going to go!

As of early April 2022, the Fed is still concerned with inflation risks.

Money sitting in a bank account is losing value (interest paid < inflation) and it could be deployed elsewhere. 

Then when you have a plumbing rough in inspection that passes you can release those funds.One thing to watch out for is "Front Loading" where the contractor will inflate say the demo category to have more funds released up front to help them fund the job.  

I'm currently looking at a 1 bd 1 ba 524 sq ft. It needs a little TLC but given the size of the house I can't imagine it being more than $20,000 in repairs. I plan on renting the property after the rehab. The purchase...

And all of the above does not even account for raging inflation and rising rates.