Airbnb’s revenue is expected to top $8.5 billion by 2020. 

The consensus at a panel discussion at last year's IMN conference is that there are over $300 billion in extremely delinquent debt still to be liquidated to the secondary market, plenty to go around for all of us small balance investors. 

It is now around 2.5 billion/year but room occupancy & food/bev numbers are great.  

(If you've got a bulk purchase of a few hundred to a few billion in loans that you are looking to repo or warehouse, that would be a different story... but that's not why I'm on BP, I promise!) 

If the company you're talking to has a billion fees and can't demonstrate the value of their product, move on.

Recently, I spoke with an investor with half a billion dollars in real estate holdings and right now, his thirst for real estate is greater than ever.

Or some combination of the three...The second position lien bit is a function of the reality that if another entity participates in the financing package, he/she/it is unlikely to accept anything other than first position lien, which pushes the owner into 2nd.The only other option (and I say that with a laugh since there are only about a billion  options) is either bridge financing, unsecured financing, cross-collateral with or without blanket notes, etc.

So where large billion dollar corporations are mainly focused on pushing listings in their inventory I am catering to buyers one on one.

I wouldn't be surprised if America's plan was to get foreign investors to throw billions into our real estate market only to tank the world economy and the foreigners would lose the land right back into the hands of the American public.

if its a small community bank with say 200 to 300 million.. and you have 500 to 1 million in cash in the bank then yes.if its a big bank or regional multi billion dollar bank and you have 100k with them.. then no.A community bank on a non owner occ if they want to set up a facility for you would do 5 year amortized over 20 70 to 75% LTV on THEIR appraisal. fee is usually 1 point and 5.5 to 6.5%  that's what I get on my turn and burn stuff and my construction loans .. if your looking to match the lowest rates you see from national banks which is just a tad under 5% these days and 30 year am..