I think your clients should think about this as short-term funding that they would need to pay back rather than a long-term solution for capital.

Ultimately it was the customer service and poor quality of my post cards that caused me to leave.

They’re requesting what feels like an unreasonable amount of information, and the demands keep escalating.So far, they’ve asked for:A video tour of my home officeCredit checks on me and my partnerCopies of the deeds for every property we ownA copy of my partner’s home lease and utility billsBusiness phone billsA signed letter from the bank verifying our accountsBank statementsHonestly, it feels more like qualifying for a loan than trying to become a customer.

One solution I’ve seen is closing the purchase in cash, then securing the HELOC afterward, though this carries more risk.

WHAT ARE YOUR THOUGHTS ON THE CURRENT CONDITIONS, AND WHAT SOLUTIONS DO YOU FORSEE FOR HOUSING? 

I have heard the 16% solution mentioned. 

I don't have a solution but I think a real estate attorney or a title attorney would be a good person to talk to.

Local lenders and credit unions could face insurmountable losses to their balance sheets and customer bases as well as the downstream financial and real estate service sector.

Understand, real estate may not be the solution you are looking for.

For example, incorporating energy-efficient solutions and smart home technology has been a game-changer in similar markets, especially when paired with features like office spaces that cater to remote workers.As for potential add-ons, corporate housing partnerships are a brilliant suggestion!