I buy blend and extends for cash nationally where I can extend the lease or backfill.I buy at 10 cap rate or higher.

Additionally, as a Portfolio Advisor at REI Nation, a true turnkey company, I help investors make informed decisions.The real difference comes down to risk and alignment of interests.

Where these numbers are found, there is a very high rate of rent actually being paid.We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, and mortgage industry National footprints.

No big, national, publicly traded banks will do this loan type.

I recall reading somewhere Memphis had the highest vacancy rate for a city that size in the nation.

According to the National Association of Realtors (NAR), as of 2023, housing inventory remains 40% below pre-pandemic levels, leading to heightened competition in many areas.To be considered a neutral market, not seller's or buyer's, the specific market center would need to have 6 months of inventory.

I would start here: Get a Real Estate License in Illinois - Illinois REALTORS - You need to take a 75 hour course and then pass the state and national exam...shouldn't be a problem for you!

Utica National Insurance Group is the one going for $1300.

If market is $6K then you're not going to get a new tenant to pay 23% above market value for it, and I don't know any market in the nation growing rents at 23% annually.

Many national private and hard money lenders do not lock rates until the appraisal is completed and approved because the numbers that come back on the appraisal really impact the pricing, if the market rent/values are off.