Wall Street thought we were going to get six- eight rate reductions this year we’ve seen none so far and stagflation is setting in , the Fed is trapped , if they reduce rates now , inflation could catch on fire if they increase them again too much something in the economy will break I think we’re in this holding pattern for one to two years personally, I don’t claim to be a macro economic expert, but I do study it quite a bit and I’m not counting on or expecting rates to come down anytime soon and even if they do, they’ll just be small quarter-point rate hikes not enough to make a huge difference in cashflow, so ..I either hold and if they do decrease rates, there will  probably be another asset inflation bubble, which will increase my appreciation, or my cell and deploy the capital more wisely and look for some market softening and buy a good deal

Take equity out of one property will cost me about 1K a month and with the mortgages on the new purchases, I will probably only cash flow 200-300 per home. 

For this purchase, I would love to use the new 5% down on lending if the 2-4 multi-family unit is "owner occupied." 

My clients reach out years after their purchases to run through things like this because we know their property and deal just as well as they do.

There are many STR designers and a number of them offer remote services, which are less expensive since you would be responsible for purchasing the items and setting the property up.

Purchase price: $215,000 Cash invested: $35,000 Sale price: $380,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Shannon Johnson, successfully completed a fix-and-flip on Foss Ave, Drexel Hill, PA 19026.

Hello BiggerPockets Team: I listened to your podcast for a couple of years now and I finally managed to purchase my 1st home in 2020 with encouragement from everyone you had on your show.

I want to purchase my primary home there with creative financing options, because like all of us I want to set more favorable terms than the traditional lenders can set.

It's going to be incredibly hard to get hard money funding for your first deal to be purchased at the steps. 

Purchase price: $370,000 Cash invested: $20,000 Sale price: $435,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Graham Lyster, successfully completed a fix-and-flip on W.