Which means there was little to no competition for it.

One of my favorite programs offers a rate floor down to 7.50% right now, but their par rates are more competitive (i.e. without a buydown).

I can't guarantee how competitive they may be but it's a solution that we have used on some projects. 

But, it would put additional pressure on finding a good team to help oversee everything.Atlanta is a hot market, but it is also very competitive.

There are people with cash and resources, but it is typically not as easy and fast as youtube videos will make you think.I do like going to smaller jurisdictions, competition is often less. 

We have a great team put together in Greenville SC where we all live and this provides a great competitive advantage to us. 

It's your market knowledge of a specific market that's going to be your competitive advantage to the degree you understand your market.

@David NinoThe most important thing it to confirm that the tax return is correct and properly filed with you taking advantage of deductions/credits available to real estate investors.I don't have information on how many state tax returns you are filing and how many properties hold those 23 doors(1 apartment complex vs 23 sfh's), I would have to say that is one really competitive price.

There is a special approach to doing that and you have little competition when you focus on those.

They have a more modern view the marketplace than some of the other, more traditional outfits like MDS.When I was active in senior housing, I was the in-house feasibility study point person doing both the forensic analysis of the market and competition ultimately making the recommendation for go/no-go on a project.