.- Interest rate fluctuations: Mortgage rates are predicted to decline, potentially dropping to around 6% by the end of 2024.

So if someone is changing light bulbs out, that would be a different rate than fixing a running toilet or installing new blinds for example.

They may be tapped out or getting close to being tapped out on funds but want to sell.

The main feature of them is when I use one as an emergency fund.

We did not fund the last few million of the raise, so we are allowing the final slots to come in at up to 20% APR, fixed annual simple deferred return (deferred means you get all of your interest earnings at the end when we repay your principal – and that happens when we finish building and then sell the apartment complex).This asset is our safest MF asset, in my opinion, BECAUSE the project is backed not just by our equity in the apartments – but by our equity in the entire 54-acre land development.

You would of course not deplete all of your cash reserves on the down payment in order to service the monthly debt payment and carrying costs, but this should give you an idea of what you can accomplish now if the time is right.Many hard money products offer 100% funding for rehab costs so you would not need to save for this portion of the BRRRR project.

Are there shifts in rental prices, vacancy rates, or investment strategies that are worth discussing?

I am surprised it is still sitting on the market when the rental rate is on par with the market.

Able to recoup all investment capital through each deal to fund the next. 

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