If after interest rates spiked a buyer waited for them to drop back to 7%, they would have waited 21 years til 1993 for them to get that low again.Hope he isn't holding his breath.

Don't be afraid to go low Sunday through Thursday to get some activlty.We use Pricelabs, but only as a tool; I have to override it continuously.

Hi Vincent, there is a significant difference in true Hard Money and rehab loans, rehab loans won’t be low doc by any means.Hard money should be fairly simple & quick to fund, it’s strictly equity based.How bad is the condition of the property?

I'll only add when talking to brokers have a "buy box" defined and research commercial deals to understand it as best you can before you have your first meeting or your broker contact will likely consider you to be a low-chance buyer and not take you seriously.

My ideal location would currently actually be Augusta, GA because I really want to start somewhere with a very low crime rate. 

The Highway 64 property presented a great opportunity due to its low acquisition cost and potential for substantial value increase.

Once refinanced the property will be stabilized but still may see slow/low distributions because of cap rates and interest rates.

I feel I'm on the low end, but my COC return a year later is roughly 14%.

The appraiser gave the house a low score so the bank said it is a risky investment for them and gave me a 70% loan.

I think your PITI estimate in both cases is low.