I live in Philadelphia but am watching fixer upper prices climb rapidly in my city. 

The Metro Grand Rapids Real Estate Investors' FB page also announces several other meet-ups in West Michigan. 

The rapid rise in interest rates has shocked the market and made year one cash flow harder to come by.

Unless you are in a undeniable market where growth is extremely rapid i'd stick to the fundamentals 

Seems like a typical company acquiring at a rapid pace and then centralizing everything to reduce cost at the expense of their customers. 

Thanks for your rapid responses.

You decide what increment you may need to take out some Cash and hold the rest for a little longer as the Fed Rate is bound to go UP still and may stay that way for YEARS because the Politicians are all just Tax and Spend guys.

We all have to take risks to get started in this business, and kudos to you for taking action, but the name of the game is to de-risk your situation as rapidly as possible, and you have an opportunity to do a lot of work here that requires skills that can be easily picked up by watching YouTube videos.Put what you absolutely must on the credit card, but know that @Brady D'Hont (you) in 12 months will thank you right now for putting in a few nights and weekends to minimize that credit card debt or the amount you finance. 

There is no question that the ability for investors to "flip" short sales has rapidly closed.  

It is a rapidly growing community and I am proud to call it my home.