Checking the temperature

[Alex Teodorescu]

How are investors feeling about the upcoming trends in the market? Interest is at about 7% right now but they seem to be leveling off/decreasing. Are investors focusing more on rentals? Or what do you guys think?

[Richard Allen]

I love that the rates are up.  It's causing cash buyers in the real estate sector to sit on the sideline.  It's uncovering opportunities for investors who have a background in both real estate and mortgage note investing.  If you can buy cash, originate owner financing, and place it with a loan servicer like BIFI, you can sell the note with substantial returns.  At least that has been my experience over the last couple of months.