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”.

AKA Work-ready.I purchased the home with an FHA loan, and my original contractor (as required by FHA otherwise I wouldn't have used one) underbid the contract not understanding the inflexibility of such a loan.

@Theresa Harris @Peter Tverdov Why is a larger down payment of 20% on a conventional loan a better idea if the interest rate is gonna be the same for both products?