I actually personally jacked my rate up to the tippy top when I purchased, for a big fat lender credit that would cover the IRRRL refinance six months later.

Not to mention that Joe probably doesn't know what forms and disclosures to use to keep him out of legal trouble, how to instigate a bidding war, how to best handle multiple offers, how to push back on unreasonable buyer demands, how to negotiate the best terms, how to run an open house, how to document and handle escrow funds, etc.A lot of people think agents just show a house, shake a few hands and collect big fat checks. 

If you are in a negative cash flow situation and want to blame rates, then you need to trim fat, and/or bring more bread.  

Worth it compared to a big fat lawsuit and attorney fees.Hope that helps! 

Are these all hedge funds / institutional investors that bought this junk for $2.5k eight years ago, collected $50k in rent, and are now walking away from a trashed place with a fat ROI?

There's an old saying:Pigs get fat, hogs get slaughtered.

See how nearly impossible it is to get a fat lazy lawyer off their fat lazy *** to write a two paragraph letter for $500.

(Data source: Stacker) Over the past year commercial sales price in the area for properties over $450K has gone up 7.4%. 

Usually this results in a big fat no.

I love helping other investors do their first deal and make a FAT pay check.