Interest rates need to drop a certain amount in order for a person to make a transaction right now.

You could also do a cash out refi.

Quote from @D'Ann Melnick: Saw this was an old question, but it came up in search - this is all part of the rent stabilization laws passed in 2024 - https://www.montgomerycountymd.gov/DHCA/Resources/Files/tena...The pet deposit cannot exceed $300 and the total amount of security deposits collected cannot exceed two month's rent.

The cost to build will be significantly more than the amount of “value add” of an ADU putting you in a negative equity position.

I know with a hard money lender, you lost good amount of profit. 

I have to sell it, but guess who has to request the payoff amount from the lender….thats right, the ORIGINAL borrower.

In the same amount of work I could find an undervalued deal in my market through existing channels.

And large hedgefunds also to the same, they sell a large amount of homes in a group to another hedgefund.

I purchased both as a package and for the next six years enjoyed great cash flow as I paid the tax on the house lot annually at about half of what it should have been and neglected to pay anything on the tennis court lot.  

Also, rather than taking a large amount of money and investing into one single directly owned property, I can split it up into much smaller chunks across many different passive investments.