But let me say this, I am aware that housing is in short supply.”Powell also reiterated that:- unemployment while still low is steadily notching higher;- job and wage growth while still strong are steadily moderating;- inflation is moderating, on trend, and the Fed’s target of 2% is on the horizon.The Bottom like: I still think we get interest rate cuts in September, and a second one after the election.

Low pricing and don''t worry about profit?

Currently in the process of selling our property in missouri and looking to purchase a 4 plex in Florida. 

As a result, I'll be selling my house and using the gains to put a down payment on a secondary house next to my current rental property.

With many seasoned real estate investors locked into low first mortgage rates and large equity positions, many borrowers and investors have been exploring tapping second position loans like home equity lines of credit for reinvestment capital towards down payment or rehabilitation funds. 

@John Mezzoni I always put 20% down, it’s my comfort zone for keeping enough equity and hopefully payments low enough to leave some cash flow.

Do you recommend me buy a house to fix or buy another house new for me and use my current house for rent and move to the new one?

Most of our out of state coastal STR investors are conventionally financed and utilize low down payment 10-25% to qualify. 

What AI tool are you currently using to help you with your investing?

I noticed you do not currently have any REO (real estate owned).