Does interest rate play a role?

Just want to figure out if agency debt is based off of the agency or the lender specific spread.

I was looking into Gama based on the Frank Rolfe article.

Since at their core these are real estate plays. 

Financing based on lender's equity in the property is much preferred. 

One property did at least provide reasons why they were selling the property (I had to ask, because the property's cash flow is insane based on their description). 

I made the decision based on the slow response time, amount of rental properties holton wise owns themselves, cost, and being given bad information (I still am trying to track down the prorated rent from October when I closed).

You just need to speak with relationship based local banks who will lend on apartment buildings, mixed use, local commercial deals, etc.

The no appreciation piece is critical, that doesn't sound promising but this would be a longer term play 5 year occupy, and then full investment rental.

If someone pairs this with a VA or FHA loan product they can play this game with low or no money down.