The way I sell it is their heat bill never spikes in the wintertime.

If you do a refi and the interest rate spiked by 2 points, it still may be cheaper overall than adding the hard money second.

A lot of out of town buyers don't realize that majority of multifamily of 2-4 units was built a long time ago and are in older neighborhoods.Over the past year or 2 there has been a spike in multifamily demand and appreciation which is a major factor in the available inventory for multifam.

I would say it's in-line with the surrounding area as well.Mortgage interest paid(year) - (interest paid) - (outstanding mortgage principal)2019 - $7,233.55 (175,077.22)2018 - 6,891.92 (180,120.01)2017 - 7,081.24 (184,835.33)Current principal balance (169,041.00)I'm not really sure why 2019 interest spiked +$341.55 but that is something I am going to look in to because that shouldn't be the case.

From the Triangle Business Journal's "Triangle home flipping spikes, but most profits are dismal – here are the top ZIP Codes""Last year saw a flurry of house-flipping activity across the greater Triangle region as investors around the region worked to capitalize on a booming housing market.

Sales revenues for these stores will spike exponentially.

Nevada is among the states that have seen least percentage spike in jobless claim so far (4/30/2020).

In the Ontario market after the 2017 spike we did hit a small decrease but overall it rose homes to a new level of pricing. 

Maybe, I'm missing something here, please help me out if I am, but it would make more sense to me if the anticipated risk is was indeed delinquency, then the owners can better protect themselves by using the extra money to additionally beef up their own emergency reserve fund, rather than having it set in the property management companies emergency reserve fund.Dear "Company",Due to the recent outbreak of COVID-19, we are anticipating a spike in delinquency.In order to continue servicing the needs of the business, effective immediately, "Your Property Management Company" will raisereserves funds to cover the estimated cost for current work order requests that have either beencompleted or are assigned(if any), and that has not been billed to you before your monthly ownerdraw.

It's my understanding that with all the recent refinance requests, there wasn't enough liquidity in the bond market handle the demand, and therefore rates spiked.