While the BRRRR strategy can be highly effective in the right conditions, the current market conditions in Indianapolis (characterized by flat rent prices and high-interest rates) pose significant challenges.

But now that prices are so high, interest rates are high, insurance premiums have shot through the roof, etc. many investors are wondering how to make this work.

My wife and I are both high earners and are looking more to make our money work for us by purchasing properties or even possibly private lending. 

That's why it's important to buy in growing markets with solid rent and population growth. 

Screaming high / fast interest rates employed by the Fed, $10 Trillion in federal spending, extremely low home sales, corporate earnings revised lower and lower, inverted yield curve for Treasury Bonds, etc…, all indicated a recession on the horizon.

A HELOC would be my ideal situation but credit is not high enough.

We didn’t and probably wouldn’t furnish it just because of the high turnover and damage that can be done.

*Credit is low to mid 600s due to high credit utilization as a result of covid.

While it is possible to find the latter, keep a high guard up with your intuition to screen and pay attention to more details.  

Not to derail the convo at all, but would love to hear high level your thoughts on the Chattanooga market.