After 15 years in this business, the hard market looks like it's here to stay. my background is in underwriting cargo, commercial auto and marine risk for oil & gas and trucking and all markets are facing repricing or pulling out altogether due to higher losses during covid.

I too am a Marine veteran and real estate investor.

There is some industry in Albany, namely, Miller Brewing, Proctor & Gamble, and a small Marine base.

Purchase price: $55,000 Cash invested: $100,000 Sale price: $820,000 Fix & Flip in prime marine park in Brooklyn, one family 3bd duplex just off the park. got this deal as REO, since houses in this area are selling as is, we did just minor renovation.

They said it's because I did not follow the rules for marinating operation and deposits accounts at the bank.

Im a former Marine and long time business owner but new to real estate investing.

I am an active duty Marine so we do have access to the VA loan.

It helped me quit my old job after I got out of the Marines and now I do lending full time.

I wish I would have known about the VA loan when I was in the Marines but I have used it since.  

We expected once in Mar24 or May 24, so I was expecting it earlier but seems like the Fed is marinating this Sep24 cut.