While this is not common, its not unheard of.

Also, 5000+ sf for $250K isn't unheard of in this area, especially in the cities far from downtown like that one is (it's pretty much in the middle of nowhere).

We had originally planned to house hack, however, have found ourselves in a tough market (Bay Area) where FHA seems unheard of, landlords seem unprotected, and all of our seed money would end up locked up with little return - at least that's how the deals are feeling so far...

5-6% on private long-term debt is not unheard of. 

For less qualified Borrowers those rates are not unheard of, but shopping around will always be worth it.Actually, I wrote a blog post on this exact topic (which is where the bullet points came from) entitled:6 Red Flags To Look For With Hard Money LendersI hope this was helpful, and if you have any more questions feel free to contact me directly.Thanks,James

The Fed's Reverse Repo operations are still over $2 Trillion dollars, a number that was totally unheard of pre-Covid: https://www.newyorkfed.org/mar...

To reach there first year it is unheard of.

My loan was even stated income (also called liar loans later down the road) which is unheard of in this lending market.

That is almost unheard of in seller financed deals.

I think owner occupied 90 or even 95% isn’t unheard of but I’d bet 70 to 75% would be the max in an investment property.