Rates around 3.25%.Hospitality lending has essentially grinded to a halt.Lobbying is ongoing with FHFA to widen lending capsFannie is generally 10-20 bps wider than FreddieRecent quote for a 10 year Freddie 75% LTV/1.25x, 5 years IO , 279 spread over a 75 treasury floor, 3.6% rate with 5bps for index lock.Life insurance company's still lending, rates with 3%-3.25% floors.

A small amount of bad apples have created the illusion in many people’s eyes that Realtors and real estate investors are the enemy.

Unless we know the details, it's apples and oranges.

@Russell Brazil love the image...for purposes of learning and others may be wondering, the obvious difference between apples and oranges may not not translate to all of us.

The last thing we need is these "bad apples" making all of us look like greedy monsters.

  ( at least for us real estate folks).. and so was lucky to get a second bite of the apple.. 

Plant an apple tree in the front yard, but put in the lease if the tenant ever eats from the forbidden apple tree they will be evicted 

For ex. if lender is reducing payment to IO, you can pass some of that savings to your tenants.

As a landlord, most bullets don’t apple. 

I am well aware that there are bad apples but doing your homework upfront eliminates 99% of them.