They offer various loan terms and competitive interest rates.

I figured this was a great value add opportunity and a way to lock a property before competition comes in when/if rates drop.

It's definitely competitive but definitely worth it when it goes right.

This has lead to increased competition for deals, naturally for higher prices.

If it ‘works’ at 8% it will work at 6% but it will be a lot more competitive for buyers when rates drop further..

I am planning on doing all cash on an offer to make it more competitive and then getting a mortgage immediately after, but I was advised against doing this by a lender.

I use to think CT laws were heavy on this, but boy was I wrong!

The market in the area seems pretty competitive with some nice apartments costing around 2,000 for rent so I am considering renting it out for cheaper maybe 1.8/1.9 so it doesn’t sit too long on the market.

As with any investment, thorough research and due diligence are essential to making informed decisions and maximizing returns in the competitive real estate market of Spokane, WA.

Will mean a less competitive landscape for landlords that do consult attorney's and follow the provisions.