On the other hand, I am locked in at a 3% interest rate on a home that will likely continue to appreciate well.

Hi Whitney: the BRRRR strategy has been significantly impacted by the higher mortgage rates and lower LTVs.

Today’s Interest Rate: 7.09%(☝️ .17% from this time last week, 30-yr mortgage)Well, crap.

Divided Opinions: Academic economists polled by the Financial Times believe the Fed will likely maintain high interest rates for longer than anticipated, potentially hindering rate cuts this year.

So my current terms are killing me with the rates.

If you do not have experience you will get industry rates. 

No appreciation last two years due to rates.

We are closing closer to 60 a month and had reduced our footprint when interest rates were at their highest. 

Here's a simplified and effective approach: Gather Information: Obtain details about the property, including its purchase price, estimated rental income, expenses (such as property taxes, insurance, maintenance costs, and property management fees), vacancy rate, and any financing terms (e.g., interest rate, down payment, loan term).Calculate Gross Rental Income: Determine the total potential rental income the property could generate annually.

Will the rising property insurance rates in the Gulf Coast hinder the economics of fix-flipping properties in your area?