We just made an offer on our first deal.

And the GC has no money at stake, so he can simply walk away if things go badly, leaving you holding the bag. 

when looking at real estate websites, oftentimes I see "offers due by" some datefor example "offers due by may 12"what does this deadline mean?

You can explain to the Realtor that if you don't do this, then it has to be a cash buyer and they will offer less.

So if you're buying a stabilized cash flowing asset, the returns you'd have to offer a PML would be lower.

We are currently offering 12-16% interest to our private money investors which we feel is a strong offer in this market.

I think the Iowa City, Coralville, and North Liberty markets offer great rentals with lots of different types of levels of rent.

I was told my by loan offer over a year ago that the rates in spring of 2024 would be back in the low 6's high 5's... look where we are. 

The below terms are live as of this date, for a rate and term refi (no cash out).From left to right:Points: 1, 1.25, 2.Prepayment penalty: 10 years, 3 years, 5 years.Commentary/review, hopefully this thought process is useful when evaluating offered terms for a maturing commercial mortgage that needs to be refinanced. 

They offer wealth management but they also offer joint venture deals where they look for partners to purchase Multi-Million dollar REI portfolios.