The area I am focusing on might be considered a c-d but it's really quit lovely.

If you have no immediate use for it, park it in a CD or something like that at 5% until you are ready to do something like buy another property.

My take is that it's vitally important to know who you are working with, and have the history of the players involved.

Firstly, it's a booming city with a growing population and an influx of job opportunities from major players like Intel, Honda, Amazon, Nationwide, and more.

When you can get 5.30% om 12mth CD's?

It's impressive to see so many new players entering the syndication space but I do wonder what the average is for the other 30%.

Looks like rates are between 6% and 10%.LOLLike others have said, it depends on how the loan is structured-DSCR, full doc, bank statements etc...Of course, credit and loan to value are big players in the rate as well.Stephanie

Makes you wonder just how many players there are in a given area.

For someone starting out in an industry as opaque as commercial re, honest advice (aligned by indirect equity interest) on deals you are working on, and general guidance from an experienced player is worth a lot!

Then if you’re satisfied with your team I’d recommend staying in the same location if possible to continue using the same players for a while.