Can I change the locks since I have written notice of them being out 3 days ago? 

Typically a JV agreement is unsecured and if a deal loses money then so does the investor (nothing new there), therefore our investor is looking to lock in a rate of return which pays interest payments along the way.When it comes to performing notes, it’s strictly a cash flow play, by where we are earning a spread between what we borrow in the form of a promissory note and what we earn on the mortgage note.The collateral assignment that we attach to the note is incase of default and provides extra security to the promissory note. 

Looking to lock down my first deal, a BRRRR.

Basically picture a device with a 6' cord.  

Add new cedar siding and paint to match to the rest of the house 8- clean gutters 9- install plastic vapor barrier to crawl space 10- replace locks to 2 exterior doors.

The smart thing to do is lock in $2M of mortgages at 4% for 30 years and arbritrage that money to beat the bank.

What you are talking about is here say and third party speculation.You need to get direct confirmation of the loan specifics and the terms.If you don't and you do all this work on the front end only to find out this financing won't work you have wasted a ton of time.I have seen many times where people get into a deal based on not locking down the funding with the specifics.They then find out a few things about the loan (criteria) where it won't work or they can't use it.Then they scramble for months trying to find a loan that works to no avail.The financing is one of the most important pieces in a deal.

I personally believe the "lock in effect" for your property taxes is more impactful and beneficial to you than mortgage rates long term.  

This notice outlines that if we do not hear from her within five days that we will forcibly enter the property to confirm abandonment, and drill/replace the locks to ensure it’s secure.

This extra purchasing power is important when buying your dream home and this is a good time to lock in that rate for the next 30 years.3.