There has been no drop in demand from our perspective. 

Or should I keep renting and wait for the actual house prices to drop?

As for credit, it was excellent a year ago when I bought my personal home 740+, but I'd be willing to guess it's probably dropped to around 700ish due to increased credit utilization as a result of not working for medical reasons.

They may not be familiar with the concept so don't just drop a term on them and see what they say.

You can ask for Katie Rittel (1 - 4 units) or Rod Sylvis (commercial 5+ units) at S&T and drop my name.

OKC is a very stable market and even in the last downturn, our property values in b and c class didn't drop much.

I’m still learning and am looking to understand both the pros and cons ...My Heloc rate just dropped to 2.7% so I took it up to almost max in case things go squirrelly and the bank decides to freeze it.Not a ton of cons IMO.

@Mark RogersWhat appears to be happening nationally is that the markets are bouncing back strong.If you look at the showing histories of listings on the MLS, there were 85% drops in showings due to the Coronavirus.

If you keep the same remaining term (120 months), your payments would drop to $1015.15 per month.

I could stomach dropping rent a few hundred a month per property if I have to.