But also be aware it appears their platform has changed in recent years.

In a rapidly-rising interest rate environment (such as we've recently experienced) that tradeoff may or may not pay off.Unfortunately, in CRE finance there is no perfect financing vehicle and you can't eliminate risk--you must choose which risk you want.

You don’t want your lender to go out of business while still holding your construction escrow funds.Can you provide me with the contact info of some recent borrowers?

I do not think it would cost too much to tone it down howeverI got a $10k quote (minus fees) from an interior decorator recently to redesign.

(HousingWire)In stark contrast, recent figures show a sharp drop in foreclosure activity.

As listing inventory built up in the spring, prices softened a bit as we hit the summer months with an uptick toward the end of the year.For broader context, here’s a chart of the median sales price of a single-family home in Austin over the past 10 years:Compared to the recent price peak in May 2022, the median single-family home price in Austin is down approximately 17%.

The overall trend of the 10-year treasury appears to be downward reflecting as well right now, with the most recent high of 4.8% on 1/13/2025 failing to touch the previous high of 4.98% on 10/19/2023 and now sharply falling to 4.62% today (1/24/2025).

Congrats on the recent investment!

Renovated basement recently to prepare to rent out.

@David Hyman we recently started this group - will be scheduling the next meetup in the coming dayshttps://www.meetup.com/long-is...