Hi @Blake WilliamsI own a brokerage and have worked with most of the largest hard money lenders in our space and at a high volume level.

Most floor rates across your largest lenders are 6.25-6.5%.

One of the great advantages for CA investors also reduces one of the largest expenses over time for lazy landlords. 

This is not happenstance as prices are based on numerous parameters. 2 of the largest parameters are expected appreciation and expected rent growth.

for non commercial residential I saw a study indicating that 97 out of 100 largest cities that it is initially cheaper to rent than owner occupy purchase.  

Stuart I have been with my commercial banker now since 1993.. started with a little 100k  LOC to buy timber and within 8 years I was the largest borrower at that bank at about 15 mil.. ( small community bank)  but we fought through the GFC together I had to start over and my banker kept one last  1mil LOC open for me so I could operate and since those dark says of 2010 he has gone on to fund 5 subdivisions for me  300 plus homes and 100 plus million in loans and this is based on relationship 100%..

Of course when the risk free rate is sub zero, those with capital are urged to deploy it (allow known as quantitative easing).Of course there are many other factors like operator experience, specific market, specific deal etc, but generally this is one of the largest factors.

It's an important distinction to make.You're right that passing on legitimate increased costs to customers is a normal business practice.

This positive cash flow will provide a financial buffer and support your long-term investment goals.Multi-family (MFH) and single-family homes (SFH) are distinct asset classes with different characteristics.

.- Lot of layoffs in those companies - Do you read the news that Signature Bank that collapsed in March is actually the largest asset holder of core-stabilized asset ?