Not sure this is the right sub-group to post this question in, please redirect me if not.I am considering purchasing my neighbor's house. 

Look for Single family house in the range of $200-$250k.  

Beyond that there are hard money lenders who charge higher rates to take on more risk... but they again start by looking at you, your skill set, and your previous experience in both managing your credit, as well as your real estate investment history.  

Hi, I have a house bought with hard money.

This is a neighborhood where houses go quickly.

I'll be focusing on multifamily and might house hack, thank you for the help!!

As we prepare to see rate cuts, what will happen?

There are always potential buyers for a vacation home, or just for a furnished house.

If you are trying to find a private lender with a 3% interest rate, you may have a lot of difficulty .

if they are not cutting it as agents they certainly wont as wholesalers.. wholesaling is so much tougher and capital intensive.. wipe out rate for agents is what 70 to 80%  and wipe out rate for wholesalers is about 95%..