@Corey ThompsonThe last thing I saw before he blocked me from his social media profiles was he was going to be in Orlando this week at podcast movement festival.

I am very involved in the tiny home and ADU movement.

You might also check the temperature as to movements in the area to ban STRs.

For me cash flow is very ATTRACTIVE, BUT, it has to be relative to risk; relative to my lifestyle considerations, and relative to equity movement.  

Taking an asset to liquidate is a significant hassle, loaded with additional expenses, time oh-so-mush time, and variables such as potential market movements, changes to condition etc. all these come together to very possibly devouring what your equity positions may be in full or more, leaving no real equity of securitization itself. 

I think for those that dont care for the coast and can handle a little winter weather thats why we are seeing a lot of movement to the PNW and into Idaho and Montana Colorado Wyoming etc etc.

A 5% movement down wipes out 100% of the equity, and multifamily values are down 5% or more almost everywhere since late 2021.I'm less inclined to say that they invested in a higher risk asset/market, and more inclined to say that they invested at an inopportune time with a high-risk capital structure. 

At Movement Mortgage, we are in the 6s for a house hack like this since we are a direct lender and mortgage broker.

Got plenty of assurances that credit was “excellent,” but never any forward movement.

Many months of rates moving at most a few basis points a week morphed into dramatic, massive movements—with bigger changes sometimes happening in one day than had occurred in quarters or years prior.Real estate investors navigating the challenging market of 2024—with mortgage rates still at elevated levels—are at an advantage when they can lock in financing terms or plan purchases while DSCR loan rates are favorable.