*The Dollar Index (a weighted basket of various foreign currencies) is currently getting smoked against the Dollar.

In a rapidly increasing market appraisals can come in low due to the lag between contract date and sale date, plus with such low inventory the volume of sales is not real high, so you need to understand and accept that risk if you’re going to waive the appraisal contingency.

You don't need an economics degree to see that rates and values are rapidly increasing.Read our data expert @Dave Meyer's take on it here" https://www.biggerpockets.com/...While it's likely many of us would say "as long as I'm getting cashflow, appreciation,... fill in the blank", I'll continue to invest, others may not feel the same.

@Oladimeji Sonibare, I'll add one more thing.Sometimes it looks like you can do any kind of rehab you want and make money BUT that is probably only true when you are in a rapidly appreciating market.

Columbus, Ohio has been growing rapidly.

The Utah real estate market, (like most of the nation) has changed rapidly.

We've seen even more appreciation in NC the last two decades due to the rapid growth in Charlotte and Raleigh in particular.

The only way to stave off price decreases in the face of (rapidly) increasing interest rates is disgusting proposals like this:https://www.businessinsider.co...It's basic math though.

If the renovation goes fast and rates don't rise rapidly, I may refi asap.

I put 50k into a luxury flip in Southern California, projected to be finished in 6 months, I am rapidly approaching year 2 and have seen no proceeds from the flip, still under construction.