uwe, congrats to germany on a well played game, although australia is not the strongest of competitors...surpirsed there aren't more soccer fans on here....

These QM firms have also made heavy investments in technology that frankly doesn't integrate well with a DSCR underwrite which is better underwritten like a CRE loan in my opinion, not worth this massive tech overhaul for the bigger players in my view.Also - highly doubt GSEs will step in, conventional is still an option for investment properties, they are far more likely just to loosen uw or expand limits than create a true DSCR product competitor

And (b) this is what the institutional investors are working off of, your competitor is doing business today on forecasts. 

Study your competitor, study the demographics of the area, and listen to experienced people.You will need to build out some offices.

If there is a competitor in your market with a quality similar to the one you are looking to produce, post it here, and we can help you estimate. 

And they knew their competitors were running for the hills, leaving them free to dominate a lion’s share of the advertising space.So how did this work out for P&G?

I feel like the market is topped out and too many very rookie competitors driving the prices. 

You have a competitor here.  

I have two competitors local to me that I greatly admire.

I wasn't wild about this as it takes time away from my business and help my competitors get a very good buyer though I cant find nearly enough properties for this buyer.