The commercial landscape has definitely changed, although retail and restaurants have returned to a healthy spot nicely.Yet the ugly, loud and smelly cousin of the adjustable-rate mortgage is now appearing at Christmases everywhere for investors who have commercial loans.

And then keep it healthy. 

The reason he was denied is that he went out for a fannie mae freddie mac loan he had a property that was an older home and they classified it as unique they couldn't get a good enough comp on the property and fannie mae freddie mac loan they were going to put in place denying him in this case.It was going to be used as a business like an Airbnb type product could be used as a business zone is residential they were thinking it was potential for Airbnb status and it was also classified as unique because it was an older home built in like the early 1900s right so those three strikes put them out if it was a strong healthy market those lenders would have financed him also they're going to look at his job and how much cash he has going into the deal and so right now lenders are pulling back they're looking for only very qualified buyers because they know that there's going to be a market correction in the future.

When there are no events, the venue has been booked for short-term rentals.Business has no debt, and is turn-key (advertising is creating a healthy pipeline, there are existing employees, and will come with all the inventory and FFE&V). 

we eventually refied after only 9 months with a significant noi increase through fannie becoming cash on cash plus a sizeable non taxable event along with 5 years i/o at a very low rate which allows for a healthy cash flow

Thanks @Karen MargraveAfter a 3-year hiatus getting a healthy education in our slanted divorce "laws" (chuckle) we're back after it. 

.- Cash on cash returns are healthy.- While Mississippi has EXTREMELY modest appreciation, it also doesn't have huge market swings.

And hope everyone is staying safe and healthy during these wild times!

Or pay the tax and smile because no one ever died paying tax. 

If you take a look at my previous post, I am brand new to real estate investing, although I have had a great career in both the creative and technology industries in NYC.I'm currently looking to purchase a single or multi family unit as a long term rental, and am exploring 4 markets - DFW being one of them.After a healthy amount of research, I am ready to dive more into the area, and would love to first connect with realtors who have a lay of the land (no pun intended), or anyone else who has a few minutes to shed some advice on what you're seeing in the area.Looking forward to connecting.Dylan