I am under contract on a 3 flat and the loan was sent for review and to sign today 25% down, 30 year fixed conventional, Loan amount $341,250Rate: US treasury 5yr +3.2% margin so right now its 7.35% but can increase as the fed continues to increase until loan is fully approvedPre payment penalty: 5% penalty at year 1 dropping 1% a year for 5 years can pay down 20% principal per year without penaltyOrigination fee: 1.5%Process fee $1500Those are the big numbers but the origination fee seems a bit high especially when there is also a processing fee which my understanding of an origination fee is to cover the work of the lender. 

You can get a CD right now that earns 5%...same for US Treasuries (with no work or learning curve involved).

Pay off any debts with interest rates ~5% or more above the current 10-year Treasury note yield. 3.

If I can get 14% in treasury bonds like 1980 then I'm going to want much more than that for a risky Class C apartment building in South Dallas, right?

Some of the new apps and cards that you can just tap against the card machine reduce or eliminate the extra contact.Collectively the federal government (Treasury, Federal REserve, DOJ) have been trying to limit and/or eliminate it for years.  

US Treasury IBonds are paying over 6.5 - 7% with no risk and not tenant headaches.)  

Treasury note and the respective loan indices have narrowed this week.

CDs, treasury bills or the stock market are a bad choice for them.

.* Investment strategy so far has been Max out 401Ks ($20,500 each), backdoor ROTHs, diversified index funds/some stocks, and 4%+ CDs or Treasury bonds.* We have 3 rental properties (2SFR and 1 triplex).

especially given when other conventional banks are already offering 4% in savings account interest (risk free)and even 5% in CDs and the treasuries and munis are also good tax shelters.