Very hot area right now.

A  4 bedroom nearby comp is now a "hot home" on redfin and coincidentally a buddy's friend of mine is trying to win it...

Both a great markets and both are really hot right now.

Now if we can just get another couple of years out of this hot market we will all be good.

Especially given the market for them seems pretty hot?  

my current loan is 6.125 and i wanted to get about $25k cash out to build a new deck and a hot tub w/o changing my payment too much. i originally started the process when the rates were about 5.375 - 5.5. i would obviously love if they got back down there but realistically if i can get to 5.625 i would do it... from your post it sounds like you dont think they are going to go low again... right?

In all the wholesale deals that I have completed I try to strike with the iron is hot.

However, the market is hot, so sellers call the shots.

Our local market is somewhat hot now and there are some large scale projects happening, so I want to benefit and have fun along the way.

I always keep a few little things I can easily work on while waiting so I can get them done and have a productive night even if they don't show up.The next kinda-busiest time (getting phone calls) for me is spring/fall when that first hot/cold weather hits and people call about their air conditioner or furnace.