Saint Augustine grass too it looks like???

You think Fed raises rates into Q2 '23?

Recent history has shown that even with liquidity injections and reductions in the Fed's balance sheet, mortgage rates may not align with expectations.Bank Constraints and Real Estate Debt: A significant concern looming over the CRE market is the staggering amount of commercial real estate debt maturing, coupled with the constraints faced by banks.

I mitigate risk because I have children and who knows what the feds going to do.

  " land is the basis of all Wealth" and the picture was of an Oak tree on a small grass hill ( grass was brown so probably CA. ) with quote.Location Location Location.

Banks will be more likely to have an adjustable rate with a floor which could benefit you if the fed starts to reduce the rates.

For example, are you ok with your investment being unsecured for 6.5-8% where you can get a guaranteed return from the Fed for almost 5%?

Also Jason, the pivot when IO product is useful or not is the Fed rate.

Fed Bostic is saying that we may see 2% inflation in 2026 only.Wow, can't wait to see lot more domino falling in banking industry/CRE.

In either case, I'd be looking at markets with a growing population (demand), a shortage of inventory (supply), and a market that has a net positive importing of jobs with wage growth.As the Fed's a poised to make some moves with interest rates later this year, the question still remains to be seen what they will do with their QE/QT policy on their balance sheet as that will affect long term 1-4 unit rates.