I’ve been wondering that same thing.Seems to me when comparing candidate investments, why would I pay more for an investment with risk and work (5% Cap multifamily), than a risk-free passive investment (5% CD or T-Bill).Note that going from a cap rate of 5% to 10% is a 50% drop in price…that’s significant…easy to see why a seller isn’t willing to give a higher return.I’ve asked the question before and gotten answers like it’s because investor borrowing costs vary, and you must consider future rent growth and appreciation … I guess if you have low borrowing costs and are optimistic about the future a 5% cap rate makes sense. that's just a bunch of bull from agents and gurus trying to keep their game going... of course price should drop 50%... say today the commeercial loans are at 7%, and cap should be 2% higher to make the risk worth while, so call it a 9% cap.patience... this bs market needs cleansing... and when the time comes, it will be easy picking.no need to play the hard game... my friend

I have a DSCR product that would not have a waiting period off the market but would have a PPP and would only go up to 75% loan to value.

Not saying I have a perfect crystal ball on this, but we need to see how this ruling will affect the industry, especially buyers.I read a while ago how the avg/median loan was somthing like 7% down. 

But cash out is different  Hey David, Yes, it was a short-term rental (STR).0.74 acreageThe property was marked as rural on the appraisal.1007 form not utilized 75% of AirDNA data was used for determining market rents.The potential loan-to-value ratio (LTV) for the cash-out refinance could range between 70-80%.Let me know if you like to take a look at the property.

Then did a 20% down Commercial Loan.

So if they are earning 5% interest on their loans, then 1.5% of that should be withheld and paid to the IRS, giving the lender a net interest rate of 3.5%.

More doors, more return, more loans, more creativity, more more more..... what about 4-8 paid off rental properties in desirable areas w/ a super low headache factor throwing off $8-10K net per month? 

Getting into a syndication now, there is a possibility of a larger market correction coming soon due to rates staying higher longer and all the floating rate loans that were placed in 2021 and 2022.  

Last night I got an email from the loan officer telling us the underwriter says the loan looks like predatory lending and raised the rate by 5/8 of a percentage.

Actual real estate or hard mo ey loans involve a Promissory Note and a Mortgage/trust deed document securing the  loan with a lien on the house....not done “investor agreement”.