Interested in a property in which agent is saying lender is not approving any borrowers as the rate was obtained during the lower interest rate environment, so they’re declining everyone who’s trying?

I expect to offer to keep the rental rate the same based on the market, but know when I was a renter there was always an option to go month-to-month for a higher price. 

If it’s a stable population with good roads, restaurants, schools, hospitals, etc…it’s very likely there is low turnover due to high tenant retention rate.

After Powell said he will pencil in 3 rate cuts, the housing market started the craze again (Bay Area heavily tied to stock market). 

@Cameron Martin WC rates for GC & roofing are typically 20-35% of the total payroll. 

I think the market for small bay flex space is right around $15/SF NNN and I would want to achieve a 10% cap rate going in and an 8% cap exit.

Elton,When a lender is doing a loan under $100K expecg higher rates/fee's. 

Here's a bit more in detail about how rates are calculated for DSCR loans:1.

Say you bought it for $200,000 and sold it for $250,000 and they put $50,000 down.Your basis is now $150,000 and the principal payments that come in from the borrower will continue to lower your basis and the interest payment is taxed at ordinary income rates.

For example, with a strong DSCR and high credit your leverage can be greatly extended and your interest rate lowered to a point where it makes your offer price ability bump lift and yet still be profitable.