That way your are decreasing your living expenses and building equity in your property at the same time!

Inventory has decreased to 22. 

If usable that may help decrease your rental costs.

Obviously we could decrease the contract price to 233K, or possibly meet in the middle.What are the underwriting rules regarding low appraisals with conventional financing.

I know some lenders are creating in-house products to encourage refinances/purchases because of the decrease in transactions lately, so there may be some products out there that are favorable for you?

When the word “recession” is heard, there are frequently a lot of emotional reactions, but history also shows us that if the economy does go into a recession, mortgage rates will decrease, helping to stabilize home prices.

-Buy now for a higher price but lower interest rates -Wait for prices to go down if interest rates go up (decreased demand) and deal with higher monthly payments Especially curious to hear from long time investors who have been through or studied how these scenarios played out in the 70s/ 80s 

We’re seeing more and more price decreases as interest rates rise and many buyers are choosing to not participate in the market right now.

And it seems you already have the rehab budget estimating in line, so your biggest item will be estimating ARV, and as some people said, just adjust for a 10-15% decrease just in case.

Not a good schools, not very good neighborhood, very diverse neighborhood,  crime rates are okay and decreasing.