We got the line set based off these inflated prices, and we're putting idle funds to work until the market turns, at which point we'll write a check out of our line to finance the next property.

We got the line set based off these inflated prices, and we're putting idle funds to work until the market turns, at which point we'll write a check out of our line to finance the next property.

Lumber prices shooting up making construction costs so much higher...Is it a worldwide bubble like 08 or massive wave of inflation across all industries?  

Three reasons - interest rates, inflation, and insane stimulus and spending.I would guess you're best off finding a duplex you can afford now.

How long that opportunity will last could depend on the action the Federal Reserve takes to address potential inflation in the coming months.

I'm curious and wanted to ask the veteran house flippers and rehabbers what they have done to adjust for the inflation we've seen in building materials and labor.

They're happy to lend the money now and beat inflation. 

That way you lock in the LTV now based off these inflated values, and have funds available to leverage when the market does turn. 

Positioning for a few months assuming continued growth and low inflation is opening yourself up to bad possibilities.

This implies in inflation adjusted dollars, the property and rent are likely to decline with time.