Short/no seasoning?

I'm sure there's some seasoned investors out there that have a more developed and nuanced view of this situation than myself and I'd love to hear from them.Appreciate you reading this and I'm happy to provide additional details that might inform your response. 

Are you seeing rents reduced this season - due to Corona?

Additionally while i love San Diego i'm afraid it's my destiny to end up back in NYC and die there one day but am nervous i won't be able to afford to actually to buy anything there that would ever realize me any sort of gain and i'm apprehensive to buy where i don't live and manage through a company (so i'm unsure if buying something in SD would make sense if i'm only going to be here 2-3 more years).I hope my situation is a common one and hope to hear from a plethora of you seasoned vets with any/all advice!

In regards to the returns; I would be very weary of any syndications that are claiming 25%-50% returns.Yes, certain construction projects will possibly have higher returns than already built multifamily for example, but the construction deals I have reviewed from seasoned syndicators normally estimate an IRR of 20%-30%Reach out to me directly if you have any specific questions.

The deal looks appealing to me but I’d benefit greatly from some advice from a seasoned commercial investor.

You want to see something that has low or no seasoning for a cash out refi or that may require low amount of documents.What is your draw fee & benchmarks for the repairs portion of the borrowed money?

They exist still for sure but bigger, better, more seasoned players already know how to find them.Where i'm giving deals to buyers is on the REO side for challenged properties.

Thank you all in advance and have a wonderful holiday season!

The rental market is still strong in KC however we do see seasonal slow downs in the winter.