The loan caps vary across lenders, across experience buckets, across asset valuations but 70% - 75% is standard.9mo note at 12.99 i/o - Most say "12" months and then bake in a fee if it goes longer than 9 months.  12.99 is high. 

When I tapped out in March, April and June of '22 I sold all my larger mf on i/o contracts. 

Simply here to say, apples and oranges.

. $100k performing I/O note for $90k), how do you classify the extra principal you get back when the loan matures?

My experience mirrors the saying "one bad apple spoils the bunch".

Since yesterday a company called Nvidia is valued higher than Apple. 

Developers have already started renovating old buildings and turning them into luxurious apartments.Be careful of where you decide to invest though because some bad apples have been coming to the area and causing trouble. 

RE exposure will be there, just not this large allocation that BP thinks. yea and they are not stupid either because they know each local RE has more dependencies to supply-demand dynamics rather than interest rate alone.this is why even for hedge fund, they only purchase in certain area in bay area only like in cupertino or sunnyvale where it's good school district and next to Apple.

The cap rate can help you to do an apples-to-apples comparison in your market.

This is why you really need to review the comp sales versus the subject property to make sure you are comparing apples to apples (or as close to).