Compared to the prior month, and indeed the preceding nine months, there has been an increase in available inventory, albeit slight.

@Erick DuranAre you looking for hard money or conventional?

If sellers are offloading as much inventory as you've eluded too, you may see inventory pile up which leads to more days on market and lower sales prices.It doesn't hurt to get out there, see properties and submit offers to test the market so long as you're prepared to pull the trigger once you find something worth investing in.Best of luck to you moving forward!

The familiar story of sky-high demand, cripplingly low inventory, and rising prices continues:Here’s the median sales price of a single-family home sold in Austin via the MLS from June 2020 to June 2021.

If rate is your primary concern then a conventional loan could provide what you need.

NACA, Bank of America down payment assistance, FHA, 3% down conventional.

I was under the impression that conventional lending will not be able to provide rehab loans unless the property is owner occupied. 

Most GOOD PMCs use standard naming conventions for their documents.

The bridge loan can also include rehab costs and can be interest only payments during the rehab period.The downside is the interest rates may be a little higher than a conventional lender. 

I recently got into my first deal with a private lender in where he was willing to co-sign a conventional loan with me and fund the rehab of my first house hack for a percentage back.