The management business is more competitive than when I started in 2016, you need experience and/or an edge.

By presenting a competitive offer and demonstrating confidence in our ability to complete the project, we were able to close the deal successfully.

Be prepared to lower your rent below you competitors who include water in their rent to stay competitive. 

As we have witnessed in the past, specifically the years of 2020-2022, when rates dropped, everyone jumps in to buy a house, which drives up competition, which in turn makes housing prices go WAY UP to the point that people OVERBID on properties.

Sometimes, local credit unions or smaller regional banks can offer more competitive rates, especially for strong profiles like yours.

@Gregory Fazio When using seller financing, ensure the interest rate is competitive and clarify the amortization period to avoid a large balloon payment.

Saturation/competition and regulation being the 2 biggest challenges.

PMs are usually guarded about working with arbitragers and rightfully see them as a competitive threat.

Ive called around, and there is Fannie mae agency loans with competitive rates like 5.9%, with a 5/30 amort.

They can fund very quickly on Fix & Flip loans as well.i typically do not use them for long term DSCR deals as they are not always the most competitive on pricing.