Rates good in increments of 15 and 30 days.high six to low nine is correct for 30 year fixed DSCRNo: syndications, property needs work to rent, ARV, cap rate doesn't matter, no STR rents, no bad credit history such as modification or covid excuse... and a list of outs.The number of players decreased and their rules continue tightening, though rates are better than a month ago.

I've seen some very big fish fail and some smaller players.

As we are just starting out on our fix-and-flip journey, we find it difficult to compete with those terms.We would greatly appreciate any advice or strategies that you could share for new investors like us.

We are now at a place where there are Sponsors who are raising capital to compete for these institutional level assets but rather than filling the capital stack with these sophisticated larger check writers, they are raising the capital in smaller increments.  

Also, they're buying it just over a 5% ( noi 3 / 58) cap rate and planned to sell three years later at the same 5% cap rate, with the largest influx of new Class A multifamily to the Atlanta area ever in the next three years to compete against this Class A property, which should only continue to drive down rents or prevent NOI growth at the least.

Then, the best move in my book is acquire a property where the numbers work for you to either house hack or have  a very viable and competent property manger.

PM’s like you love to talk about Transparency and integrity but are just the opposite and are more smoke and mirrors than anything worthy.More than likely you haven’t even placed a section 8 tenant in years nevermind appealed, disputed or challenged the section 8 rent that was initially approved in order to get even higher section 8 rent and maximize the rent as we do with many of our properties and those properties we deliver to our clients.I really dont even have anymore time for this with players like you but what I do know is what we are delivering to our clients as well as our section 8 tenants day in and day out, case in by case out, and the one thing we realized a long time ago is that every case is unique and there are always exceptions with the right checks and balances.

Our community bank could not compete with these terms.Looking forward to seeing who you findGood LuckGino

I pay attention to our competence, responsiveness, effectiveness, and other internal metrics. 

In FME when pricing is "too high", by nature it opens a door for new competitors to emerge competing on price, driving market prices DOWN.