Not a far stretch, it is CA, that seems a very CA response does it not? 

The phase through Fresno is one of the most difficult stretch besides finding a way through or over the gradevine.

To stretch our capital, we do value-add deals where we obtain a bridge loan, do our value-add, follow by a cash-out refinance to pay-off the bridge lender, get some of our equity back and move onto the next deal.

The conversation definitely boils down to how willing you are to stretch financially with market uncertainty. 

I soon realized I was stretching myself too thin by trying to expand into another market so soon and returned my focus to Birmingham AL.  

We have always targeted a much lower home price to not stretch our budget and allow plenty of money to save for investments and building long-term wealth.

However, this guy is a police officer and his dad was a public defender - he may be serious.But we're still talking small claims typically.....although the tenant could always go straight to civil if he wanted to....but that would be a stretch. 

I can only come up with 70% of the asking price and that is really stretching it. 

Hopefully that helps you stretch your dollar further.

I know the Denver Market and I understand your needing to stretch to make something work but here is why not to do this deal.1) You are correct to be concerned about interest rates.