There are also plenty of investors who are getting crushed by pref equity which is effectively a form of debt given its senior position to the GP's equity that cannot be paid back due to the constrained financing market.

The risk includes the possibility of senior loans being sold along with the property; having to have 100% of the purchase price either at the end of the sale or within a very very short amount of time; and many of these properties are sold sight unseen so you do not really know what you are getting.

We are low-income seniors & the daughter is a real estate agent in her 20’s.We received our official notice to vacate on February 4, 2023.

But if you got the property for the $170,000, a more senior (earlier) mortgage would remain attached to the property.  

I know First Citizens bank (branch on Sherry Lane in Dallas) was offering 5.99 for the first year then Prime minus .500 after that first year.

It would take something really strange to make Austin stumble.”Luis Torres, senior business economist at the Federal Reserve Bank of Dallas, said, “Right now, I can't see any redlines or red flags.

I remember seeing that those types of liens are always senior. 

Steven, are you concerned that since GDP remains strong and inflation has come down gradually since the 9.1% print in June '22, and that largest voting block in America, seniors, is quite happy with getting interest on Treasuries for 1st time in a long time, that maybe the FED won't cut the overnight rate from current 5.25% level much or at all?

This is then used to pay for free medical care for all citizens and they even had child care for workers.

With 30k - 35k US funds, and you are not a citizen so you'd have to work with the few lenders who will offer a rehab loan to a non US investor.