All these guys thought they would just milk a continually rising environment forever and found out that sometimes the tide turns the other way. 

Some are even getting creative with their deals, using strategies like seller financing or joint ventures to reduce their dependence on traditional loans.It’s definitely a challenging environment, but with the right strategy, there are still plenty of opportunities out there.

@Osvaldo GuerraAustin, TX, is a popular destination for small multifamily properties due to its booming economy, strong rental markets, and family-friendly environments.

It seems like the rate environment has finally crested for sure. 

We now hold it as a rental property that cashflows well with a 2.75% interest rate (got lucky with the rate environment at the time of purchase!)

Personally, I think most agents fail because they lack an environment to work within that actually wants them to be successful (no where to go and actually work if they want to work or learn the business).

Are you aiming for part time / passive investment or full time immersion?  

This lending environment is local so just ignore people from 1500 miles away when they tell you what a local lender will do.

You might be surprised at the amount of tax professionals who operate in a virtual environment!

I've been ruminating over the low rate environment recently and whether to refi one or more of my long-term rentals, but I just struggled visualizing the full gamut of financial impacts, e.g. loan cost inefficiency, 30yrs vs 15yrs mortgages, maximizing cash flows vs cash-outs, tax positions, etc.