I just saw the webinar, and had to do a search on ratings before it was over.

Rising home prices for developers isn't new, but if you were in contract, what they did is most likely illegal.

It is a big reason my last purchases were Dec 2021 when the rates were less than half of the current rates (I purchased $4m that month that I have already made ~$1m from).  

You do not indicate what your current interest rate is.  

I explained to the landlord what my business plan was, and paid him a set rent amount each month (though slightly higher than market rate rent).

As Ko Kashiwagi says, we need to know more, such as rate, amortization, term.

Along with that you purchased at a decent price, cheap rates so your mortgage should not be expensive.

Hi Nate - It'd be worth asking the lender for a detailed breakdown of closing costs for this program, as well as an estimate of the interest rate you'd get with today's rates (they'll probably need to pull your credit to do this).

Note: I'll caveat: I believe that other factors should be considered when analyzing the market as well (i.e. economic growth/stability, low crime rate, affordability, etc.)

This will give you more time to shop rates/fees than to be under the gun with a purchase loan.