I've been experiencing lenders tighten there underwriting, and a 1.3X DSCR has been somewhat common in my experience.

Most do so believing its only temporary but s*** happens in this business..... timelines get stretched, appraisals come back lower than expected, rates remain high longer than expected etc. etc. and what's intended to be a short term solution often adds quite a bit of strain to the property and your business.

Plus there are less moving parts that can break, need constant tightening, lost/missing parts etc.

They have been doing this for two years now, and it is what's called quantitative tightening, The opposite of the quantitative easing over the past 15 years.

The RTP in RTP(no pund intended) will tighten up, this is an excellent market.

It's worth noting, however, that in the long term, housing markets with abundant vacant land can significantly increase their inventory if policies and economic conditions favor builders.In markets like Las Vegas, where undeveloped land is limited, and population growth is strong and steady, housing inventory will continue to tighten.

>Los Angeles faces near-zero growth amid economic strains and resident outmigration.

They may have tightened up their acceptance if they have seen an uptick in evictions.

1) It's not unreasonable to end a tightening cycle with a larger rather than smaller drop.

As the retail sector faces continued strain, Buy Buy Baby’s transformation highlights the shift toward online retailing, even as Bed Bath & Beyond products make a limited return to physical stores through the Container Store.