Looks like folks tend to go off the road in that spot.How sensitive to interest rate hikes is your proforma?

B lenders are equity lenders, LTV is location sensitive and offer a 1 year term renewable.

There are so,e safeguards available; third party loan servicers, escrow agents, using joint bank accounts, etc.  

I know I’m not supposed to let feelings come into play, and it’s just numbers, but I’m especially sensitive to it today.  

But there's a lot you can do to safeguard your confidence.

Per FICO guidelines it should only count as one inquiry and do far less damage, so I am extra sensitive about credit effects.

With the help of these forums, I built a model that sensitivity tests MAO as function of capital structure, DSCR constraints, and cash flow per door thresholds.

Do you find that this is very time-sensitive?

So for example, instead of increasing your rent from $600 to $625 and possibly turning off price sensitive tenants why not list at $595 and instead charge $25-$30/mo. for storage, etc.?

I am taking the advice of "sticking to the numbers" and not "getting caught up in emotions" during these bidding wars so that we don't overbid and end up losing our shirts, if you will (BP rehab and flip calculator has been invaluable when it comes to creating safeguards around our offer numbers....).