It is certainly a tough environment for deals right now - but also remember that cap rate is on the value and interest rate is on the debt balance so its not an immediate 1:1

While the Fed Chairman remained balanced in his comments, he did sound a bit more dovish: “Reducing policy restraint too late or too little could unduly weaken economic activity and employment.”

It's a balancing act and that's what landlords need to do to cover risks.

Request data on default rates and how they handle defaults.Check Licensing and Regulation:Ensure the firm is properly licensed and regulated by the appropriate state or federal authorities.Confirm their compliance with all relevant lending laws and regulations.Assess Financial Stability:Review the firm’s financial statements and balance sheets.

You can withdraw up to 50% of the balance every day.  

As my relationships started growing with banks they started becoming more scrutinizing on me; my liquidity and my balance sheet. 

This is why it is important to have an operational account that always has a minimum balance.

The owners do not have capital to rebuild this property My question is - can the owners negotiate with the lender on the recourse loan balance as the property will be demolished?

Remember, the key is to balance cost with quality and durability to ensure your renovations stand up to buyer scrutiny and add value to the property.Let me know if you're ever looking to get a quote on your next fix and flip deal!

Borrower contact information (name, address, phone number, email) Loan details (account number, loan amount, outstanding balance, interest rate, payment history) Copies of loan documents Borrower Notice: The original lender should notify the borrower about the transfer and the information being shared with the new servicer.