I’m blown away by how generous you all were with your time and insights.Hearing your real-world experiences with financing, managing projects, and navigating today’s market gave me so much clarity.

Today, deals are very tight, not much meat one the bone.

Turnkey companies usually handle buying and renovating the property, then partner with a local third-party management company to handle day-to-day operations.

You may end up with a little more vacancy today because you stuck to your guns but if your criteria are solid you will have better overall results in the long run and investing is for the long haul.

Leads that seem dead today might turn into gold tomorrow.

It's hard to stay that today. 

I no longer live there but come back as needed (like later today for my North Shore property).

Assuming your buyer has good credit, putting 20% down etc buying down to 5.25% today would cost 4-4.5 points, so 800k loan that would be 32k-40k from someone, and if you are offering that buy down that someone would be you. 

I think one thing people need to understand is in the US the ten-year treasury is competing against the mortgage-backed securities and while the ten-year is impacted by interest rates, its not the only factor and amount of spending we do also impacts it.they auctioned off 30-year today and it went really bad as no one wants our long-term debt and it sold for 4.3%10-year notes recently traded for 3.96% but again very weak demand - which I believe means yield prices may continue to move up, which means interest rates are not going down dramatically anytime soon - so that fed 25 or 50bps drop is not going to have your mortgage lender dropping rates suddenly the next day...Now the spread between the 10 yr and 30yr mortgages historically is closer to 1.75 but recently has been between 2-3% due to yield curve.

I just paid my attorney 15k today in just fees for 4 entitlement contract red lines and we arnt even under contract yet!