Strongly recommend understanding of the pecking order aka capital stack, especially in today’s environment where every other day a new sponsor appears to be going under.

I have over 1,000 lenders in my database and none of them operate in environments like this.

With the drop in interest rates and the easing of the Fed's interest rate policies, there's an anticipation of a more favorable lending environment which allows investors and home buyers to be more considerate of buying properties.

@David Ramirez Glad to see you are still getting deals done in this market environment.

So I came to peace with selling.  

Interested to hear your thoughts on evaluation methods and the future of multifamily transactions in this current environment.

That gives me a little bit of peace of mind in case my property stays vacant for a little bit while I get it ready, but I also don’t want my primary residence to be on the line for too long. 

In todays environment, if you are seeking a syndication that is offering 18% the risk profile for that investment must be off the charts.

On the contrary, if an exec board has 50-100 years+ of experience they likely have seen some adverse economic cycles and know how to pivot in such environments. 

Those hefty fees as mentioned generally make 10% down near impossible in this rate environment, but there are certain brackets that might make it possible.