I would likely buying the new property in cash for about 2X the proceeds of my previous sale.

Unfortunately, the cash-on-cash return isn't the same due to the interest rates.Should I proceed with the purchase now, or wait for interest rates to decrease before re-entering the market?

However, because they cash flow well, it can be difficult to get deals in those areas sometimes, but we come across them quite often. 

With that being said, I dont think it hurts to knock out some leasing for fast cash but let it steer you away from your long-term goals and staying on the path will get you there the fastest.Good luck!!

If they’re paying 85% cash, like from a 1031 exchange you have almost zero risk and 6% is fine.

DSCR loans offer the following advantages over conventional:No income/dti/employment docsNot reported on creditClose in an entityClose quicker As for LTV, generally 75% on cash-out refinances and up to 80% on purchases.

So when you get to 20% equity, you can refi for cash out, or for a lower rate -w/o the pmi, which allows for cash accumulation.  

I personally work in the Columbus, Oh market because my research lead to this market.Build a Local Team:Find reliable local professionals such as real estate agents, property managers, contractors, and attorneys who are familiar with the market.Network with local investors and attend real estate meetups to get referrals and build connections.Set Investment Criteria:Define your investment goals, such as cash flow, appreciation, or a balance of both.Determine your budget, financing options, and the type of properties you want to invest in (single-family homes, multi-family units, commercial properties, etc.).Financial Preparation:Secure financing or funding for your investment.

Cash flow may not be positive after accounting for other expenses like your annual property taxes, insurance, and mortgage payments if applicable.

I currently invest here in Columbus, Ohio and I have two duplexes over here that are cash-flowing well.