Because the fed has already announced intent to raise, we can predict with near certainty the rates are going to rise. the current inflation is higher than it has been in decades.  

We're anticipating the Feds to hike rates by 75bps tomorrow - hence the chaotic rate performance the last couple of days. 

The Fed delivered its seventh and final rate hike in 2022 earlier in December, with another 50 basis points, leaving the federal fund rate in a range of 4.25% to 4.50%.

Assuming 25% combined Fed & state tax (could be more or less depending on your situation) you will only have $14,250 to invest in real estate (or anything else).

Got so fed up with it we created our own JV program.

@George Blower It seems pulling out the 10k and paying penalty and fed tax would be easier?

However, the consensus among economists and analysts is that the Fed will stop hiking rates by mid-2023.Population growth -The Las Vegas metro area is projected to grow from 2,335,600 in 2022 to 4,450,000 in 2060.

The treasury yields are what actually moves interest rates, even more than the FED's rate on banks borrowing money, that is about to be raised 75 bps too.

Often times the grass just looks greener on the other side.

We've been pre-approved for a second home with Navy Fed but they only lend on SFRs for vacation / second homes.