I built a bunch of houses there an loved it.. prices have SKY rocketed there though holy cow. cant believe the appreciation there.. very under the radar but limited land and houses great place lots of money people and there ya go values through the roof.

It is no secrete that recent property listings and price of said listings are not meeting the buying power of these areas.

Borrowers with strong negotiating power may be able to secure more extension options.In summary, the number of extension options for a multifamily bridge loan is determined by a combination of the lender's policies, the borrower's qualifications, property-specific factors, market conditions, and individual negotiation.

Last thing I would suggest is when looking for your first investment that you dont  max out on your borrowing power.

No, I mean if utilities are off you get them on immediately after contract during your inspection contingency in order to be able to inspect everything while powered (water/electric/gas).

I dont agree with this thought process never have never will.. its all situational.. or as they say in RE location location location.in markets with slow to historic negligible appreciation sure it does not take a rocket scientist to run the math that if your negative cash flow and the house is not going up its not the greatest investment your value play there is tenant is paying off the majority of the property and your getting some tax bene's if its not bare land.If we used this thought process IE the only good deals are ones that are positive cash flow day one with max leverage  80% loans then as @Russell Brazil states no one would invest in the majority of the east cost and West coast and well Denver and other select cities.. everyone would be in the Rust belt and mid west or deep south in C class properties. wealth is created for most investors with appreciation full stop.. because most investors cant buy enough property or doors to make a difference when cash flow is 200.00 a month your not going to retire on that. your going to retire on paid for nicely appreciated property.

With many homebuyers waiting, this could make now a good time to jump into the market to find deals. Check out this video

Perhaps worth comparing with something elseThey are using Rocket Mortgage and can close in about 17 days.

It's a power struggle for some people.

If they fail to turn on power, you can file eviction.