Hi all,With this interest rate, when should I might try to refinance to lock in a lower rate. The home is in Columbia, SC. With the .5 point cut, I think the rates already dropped in anticipation of this happening, bu...

I’d conclude that a MTR is a unique market itself, sufficiently different from convention LTR and from STR market to merit it’s own category.  

And when inventory got ultra low that did not work anymore and we shifted to move-in ready.If you are after cash flow, real estate is not what you want in 2024.

Maybe you get someone paying cash or using conventional financing. 

My question is what are your experiences with any similar situations, are there any other points we should consider about the balloon vs the conventional, and what would you do if it was you?

We prenegotiate with builders to provide new construction investment properties to our investors that offer incentives like free property management, rent guarantees, and rate buy downs that can get conventional rates to 3.75%.

Inventory has jumped over 50% from a year ago, but values continue to rise at almost 3%.

For example, Fountain Square or the Near Eastside will jump to 30 days on market around Halloween, despite the fact Broad Ripple or Fishers will remain ultra-competitive because of their respective higher demand / low inventory. 

You can exit your hard money loan to conventional with lower rates + assuming you have the sufficient income to qualify.

9) adding multiple ADUs or adding an ADU to a quad looses F/F conventional financing.