The economic downturn could make the market lose value, for multifamily over 5+ units the cap rates may increase, rental subsidy programs may lock tenants in at lower rates or a landlord waiting on the programs to make the payments on a tenants behalf, maintenance falls behind, a major fire destroys part of the building.

Couldn't tell you what the value for it was during the run up as the owner got it for 74k in 1999 and then the bank took the property and sold it for 61k in 2009 and then that owner sold it for 50k at the bottom of the market in 2012.We'd need another global economic collapse to erase 90% of the value of a property, and even that is an outlier.

I would become very familiar with them......they keep you updated on economic growth and real estate development......

Right now, in the current lending and economic environment, being a little more conservative with your eyes on the long term big picture may actually get you further.As you have likely seen already HELOC's on investment properties are very sparse, and likely will max out around 70% to 75% of combined loan to value.

One of the most often-overlooked hidden costs that investors miss is ... opportunity cost - it's what my economic professor once told me ...

We see deals in Central Ohio, Western Pa and throughout the South which are substantially below value due to recent economic hardships which are likely to dissipate in the future.

I think I could/should go higher, but with all the economic uncertainty, I'd fell better waiting until I see where this may be going.Did you notice any drop-off in rentals that you think came from the price increases?

The only downside would be if the bank suddenly decided they aren't doing these anymore due to economic conditions or some other unforeseen circumstance. 

While many of you have been wondering about the future of interest rates and the economic climate, it seems a very overlooked area is diversification.

UsatyLos Angeles County Housing Report: Housing Haunted by the FedOctober 31, 2022As the Federal Reserve pushed harder and harder on the economic brake pedal by increasing the Fed Funds Rate at thethe fastest pace in recent history, the housing market has slowed to a crawl.Housing Reset In June, the Federal Reserve announced that they had plans to “reset” the U.S. housing market, and that is precisely what is occurring today.