Once we changed to charging a fee, proof of ability to close, good income, a sizable reserve and reasonable credit, the students not only started taking the training seriously but actually began buying properties for their retirement.

Evaluate the situation to see if you could have done anything differently to mitigate the loss and implement changes to your processes, but know that this happens and hoepfully just not too close together. 

My question would be is a 6 cap the going rate in the area for that building.

Did something change?

Interest rate is 7% and HOA is high ($760).

Use this as a way to secure downpayment, then refinance and pay back the loan to secure your cryptocurrency.That said however, I think real estate investing is going to change dramatically over the next several years, largely due to smart contracts and tokenization.

Here’s what I recommend instead:Offer Value Beyond Price: Rather than just lowering your rates, focus on adding value to the guest experience.

Many of the investors I know have dialed back on their private equity investment or have changed to doing debt instead of equity so it was not prime time.

I got pressured once and it ended up costing me a good chunk of change.  

Fannie/Freddie (Conventional) loans aren't just about rate and transfer taxes.