It's hard to stay that today. 

Leads that seem dead today might turn into gold tomorrow.

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

I didn't ask figures, but he is in the HODL crowd.

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.

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

If the deal is profitable and meets the criteria we are looking for, then it doesn't matter if it's at 7% (an average number, by the way) because it can get refinanced later and it is still profitable today.  

I went into the same thought today as I also have a four families at Union City then I found this post. 

Here are the terms:12-month term17% Interest (Annual)Quarterly interest paymentsSecured by equity (not real estate-based)$250k minimum investmentFirst-come basisFeel free to book a short 10-15-minute call if you're interested in learning more.Marco SantarelliPartner, Money Is MastermindHere is their marketing email about the original fund I am still receiving:In today’s volatile market, I want to discuss inflation and some ways you can beat inflation to help you grow your wealth and boost your passive income with a focus on our investment fund, Norada Capital Management.I'm hosting a live webinar this Thursday, April 11th at 11 am PST (2 pm EST).In this live webinar we will discuss:How does Norada Capital mitigate risk in this environment?