When I'm done (or even before then as I'm sure I'll have a billion from each of the items), I'll definitely have loads of questions for you if you don't mind.

So people are willing to essentially break even (or who knows) p in the Tnote knowing they can cover debt calls with them instead of losing millions/billions to suddenly illiquid investments?

They have about 200 billion dollars worth of real estate projects to be completed by 2012, their immigration rate is staggering, fuel is extra cheap down there (26 cents a liter, translates to a little over a dollar a gallon).

Look at the HUD it should break down all costs for you so you can see.You should have paid no more than 4,600 to the lender, and really if you didnt use a broker and paid 2 points then about 4k.  9k does seem very high for this size loan.I always tell people, people hustling hard money products are a dime a dozen and they are all signed up at the same places, there's only a few big boys that provide most of the money, meaning they do 1 Billion in loans/yr. 

It has experienced significant growth in recent years, thanks in part to tech giants like Intel ($20 billion), Meta, Amazon, and Google establishing warehouses and data centers in the area.

Large companies like Intel, Amazon, and Google are investing billions of dollars here.

pid=1579Houston Real Estate Highlights in November Single-family home sales fell 2.0 percent year-over-year, with 6,159 units sold;On a year-to-date basis, home sales are up 4.6 percent and on track for breaking 2017’s record performance when December data are compiled;Days on Market (DOM) for single-family homes was 60 versus 62 a year earlier;Total property sales were statistically flat, with 7,400 units sold;Total dollar volume rose 3.9 percent to $2.1 billion;The single-family home median price climbed 4.4 percent to $235,000, a November high;The single-family home average price also achieved a November record, rising 4.3 percent to $295,084;Single-family homes months of inventory reached a 3.9-months supply, up from 3.6 months last November, but below the national supply of 4.3 months reported by NAR;Townhome/condominium sales dropped 2.8 percent, with the average price up 9.0 percent to $213,043 and the median price up 4.5 percent to $165,000;Leases of single-family homes jumped 15.3 percent with the average rent down 1.3 percent to $1,743;Volume of townhome/condominium leases rose 0.6 percent with the average rent up 0.5 percent to $1,505.

http://www.msn.com/en-us/money/careersandeducation/as-paperwork-goes-missing-billions-in-private-student-loan-debts-may-be-wiped-away/ar-BBEC77x?

---There Is a $1 Billion Property for Sale Atop Beverly HillsThe highest point in the 90210—a 157-acre, undeveloped lot—has sweeping, 360-degree views from Malibu to downtown Los Angeles and the San Gabriel Mountains.So large is the prized piece of real estate that all of Disneyland could fit within its confines and still have 57 acres to spare.

Plus with over $1 BILLION worth of construction on the books over the next 4 years and light rail arriving in 2025 the city is set explode if the economy stays healthy.