Hopefully the Sponsor is being very conservative in their returns and this isn't just a tight spread offering in a macro MF environment that is looking precarious. 

@Michael Penny so we refinanced I think in late 2021, so it was a very different environment.

Tried to go with Fire and Personal Liability (removing Wind and Hail) to reduce cost but haven't found any offerings.I wonder if other landlords/investors have some good strategies to tackle this challenging environment.

Hello Cheryl, purchasing a vacation home in downtown Seattle, particularly in the Belltown area, can be a compelling investment due to its vibrant urban environment, proximity to major attractions, and scenic waterfront views.

. :)Yea it can be difficult right now with the rate environment.   

Not sure of the rate in the current environment.  

I've been on the sidelines with real estate investing for about 2 years now given this highly volatile and high interest rate environment (at least relative to recent years).

Renting properties to sober living homes in Colorado involves a combination of understanding local laws, finding the right tenants, and ensuring your property meets the specific needs of a sober living environment.

Although, I knew how to sell Real Estate, I still had to start over, new city, new people and environment. 

To sum up, the overall lending environment (from my POV as a fellow borrower) for commercial projects is simply more stringent when compared to residential RE.