Do the current rents that landlord is charging align with the market rent rates in that are in that area?

The meteoric growth of the market here is all aligned with the 2040 vision of the rulers to double the population.

Before purchasing property 1, we aligned on a buy and hold strategy but didn't discuss cash out refi options.

This approach aligns with my personal goal to recycle as much cash as possible.

Make sure you work with those who's interests are aligned with yours. 

Investors should understand their own risk tolerance and should align with a sponsor's strategy.

Just remember though as Jay already mentioned, there's a requirement to live in the property for at least 1 year so ensure that this aligns with your plans.

If buying now aligns with your long-term financial goals and property needs, it might be worth moving forward rather than waiting.Impact on Property Prices: Lower interest rates can boost demand for properties, which might drive up prices.

Scenario:A lender had limited communication with the borrower throughout the loan term, resulting in misunderstandings and lack of alignment on project goals and expectations.Mistake:Miscommunication led to issues that could have been addressed early on, contributing to project delays and difficulties in loan repayment.Lesson Learned:Maintain open and regular communication with borrowers.

You might consider starting with a trial period to assess their services and see if they align with your goals.