In your case, the competition from cash-heavy buyers is driving prices beyond what makes sense for a commercial loan based on current NOI and DCR requirements.As for your dilemma, I’d recommend sticking to your numbers.

Let’s take a closer look at what’s happening on the ground.Single-Family Homes: Steady Growth in a Competitive MarketIn the single-family home sector, the market is holding strong.

Finding these deals and being involved will take a lot of time and college has the risk of adding heavy debt.

I think you're gonna see a lot of deals underwater trading before year end, with banks trying to clean up their balance sheets.5.5% with 25% down is a very competitive rate.

That is an interior heavy rehab, i.e. remodel kitchens and baths, new floors, fresh paint. 

There's not as much competition on either side.

Knowing the area provided a solid foundation for your investment decision, and using cold calling to find this deal allowed you to negotiate directly, potentially minimizing competition and costs.

Our local market is still very competitive if in good condition, good location and priced right.

Multiple, billion dollar companies are investing heavy in our area, such as Intel, Google, and Amazon.

And personally I love buying property during the winter months, sellers get desperate and I’ve found there to be less competition from other buyers.