Regarding the topic question, this is straight from the Lennar annual report (SEC 10-K filing, page 3):"During the second half of fiscal 2022, significant increases in interest rates made our homes less affordable to many prospective buyers and led us to reduce prices or increase sales incentives in a number of our communities."

Greetings fellow investors If you are reading this it tells me you are often educating yourself to improve your knowledge and success rate.Is fair to assume we’ve read several books but there’s always one that sticks ...

It will heavily influence the strategy.

Inflationary pressures incentivize just that- while the investor's loan costs are(or can be) fixed, rising rents can really goose returns and protect the investor against inflation.This path that we're taking was easy to see coming- we've had accommodative monetary policy for about a decade, and just when the economy hits full employment, we get accommodative fiscal policy as well, which  in tandem with easy monetary policy and full employment should generally cause inflation, or rising interest rates, or both.

I don't know where the idea of wholesaling came from, or who influenced you to go that direction, but be careful my friend!

I think there are a lot of factors into deciding what your best decision wil be with your properties, but generally speaking the market is very strong in Montclair right now and may be a big influence in what path you choose.

BTW: What is this influence stuff on my profile?

My fiscal year is August-August.

They may let a seller suffer less who carried back a second.Assuming there is an agreement for the second to cut the debt, restructuring it later, dealing fraudulently with a lender to influence them in taking a loss won't be something you want to do.

I will however need to learn to systemize finding buyers beyond my spirit of influence as that will run dry from only living in GA for 2 years.It's going to be fun talking to the brokers and finding the shoe that fits best.