Things that penciled years ago likely wont pencil now with increased rates on holding / labor / material costs.

Katy, TX - a suburb west of Houston with close proximity to the city and good schools, as recommended in this forum.5.Montgomery County, PA - I am interested in this location due to its strong economy, high-income professionals, excellent schools with an average rating of >7, and good proximity to downtown Philly.public data shows low crime rate in any of those areas, is that accurate?

@Jason MerglI would either sell and do a 1031 or I wouldn’t do anything- yes you have untapped equity but your borrowing rate is going to be greater than the cap rate so you will have negative leverage.

I hope the number of homes for sale increases in the next few months along with a slight decrease in Mortgage rates.

Rents have increased slowly (not a ton of growth there), but we do have cash flow of about $1000/month & its locked into a 3% fixed rate. 

I think part of the problem is those who are well qualified and can purchase are, with concerns of interest rates going down in the near future (1-2 years) that will inflate home prices even more.

Have you thought about applying for a 0% interest rate, 12-month credit card such as the Ink Business Cash® Credit Card?

Rates on DSCR are just as competitive if not better than conventional financing.Conventional loans are dying in the investment space

Here are some options and considerations:Loan Against Equity/ETFs:Margin Loans:Description: Margin loans allow you to borrow money using your investments (such as stocks or ETFs) as collateral.Pros:You retain ownership of your investments.Generally quick access to funds.Interest rates can be relatively low compared to other types of loans.Cons:Your investments are used as collateral, so if their value declines significantly, you may face a margin call (requiring additional funds or securities).Interest rates can vary and may be higher than traditional loans depending on the lender and your creditworthiness.Securities-Based Line of Credit (SBLOC):Description: Similar to margin loans, SBLOCs use your securities (stocks, ETFs) as collateral, but they typically provide more flexibility and may not trigger margin calls as easily.Pros:Allows for ongoing access to funds as long as your collateral remains sufficient.Interest rates may be competitive.Cons:Similar risks of potential margin calls if the value of your securities drops significantly.Terms and interest rates can vary widely among lenders.Comparison with 401(k) Loans:401(k) Loans:Description: Borrowing from your 401(k) allows you to access funds without selling investments, using your retirement savings as collateral.Pros:Typically low interest rates.No credit check required.Interest paid on the loan goes back into your 401(k) account.Cons:Usually capped at a percentage of your vested balance (commonly up to 50% or $50,000).If you leave your job, the loan may need to be repaid immediately or could be considered a taxable distribution.Potential opportunity cost of missing out on market gains if funds are withdrawn from investments.Other Alternatives:Home Equity Line of Credit (HELOC):Description: If you own a home with equity, a HELOC allows you to borrow against that equity at typically lower interest rates than unsecured loans.Pros:Lower interest rates compared to other types of loans.Interest may be tax-deductible if used for home improvements (consult a tax advisor).Cons:Your home serves as collateral, so failure to repay could result in foreclosure.Personal Loans:Description: Unsecured personal loans can be used for various purposes, including investing, but typically have higher interest rates than loans secured by collateral.Pros:No collateral required.Funds can be used for any purpose.Cons:Higher interest rates and stricter eligibility criteria based on creditworthiness.I am a loan officer and we do some of the loans stated above.

., or if they move out you have to offer it back to them at the same rent rate as before.