We can create equity in multifamily real estate by investing in our assets to grow rent, improve vacancies and by cutting expenses Avoid high end real estate – high end real estate always gets hit first in any downturn as people migrate from more expensive to less expensive homes.

With the recent rate cuts, I decided to jump on it a bit earlier than anticipated.

I've worked on a deal where part of the old industrial space was cut up for that purpose.

It's not a bad thing to cut your teeth on something closer to the bottom and work your way up.

With the recent cuts in interest rates by the Fed, mortgage rates are hitting all time lows, and the demand for refinancing options have also increased. 

Cut the price and cut your losses before sinking into another loan to rent it for years and get no return.

I just think you might be overpriced and to cut further losses, come down with price or offer some incentives like first month free or such.

After several purchases, if you feel having a license would give you an edge then by all means go for the license.

I'm not trying to cut corners or save money, but if there is no benefit, then I'd rather save the extra $1,000 or so for my first BRRRR.I appreciate any feedback/information.

Carrying Costs are cut to a minimum, without any Deadlines.