But, especially on someone new, without a proven track-record, the underwriting will be tight, and a personal guarantee is an uncomfortable reality...In other words, David, while it's true that the asset is being looked at in order to facilitate security for the note, the borrower, who essentially becomes the manager of the bank's money, is being absolutely underwritten for their capacity to manage, and withstand financial shocks.

This would be Hamilton Hill and Mont Pleasant. 

If you bring this data detailing tendency to a small group of other driven people and engage with each other on these points I would be shocked if you don't ultimately have more and better take-aways than you would from analyzing your self and your own data. 

Considering how many economic shocks that has occurred over 30 years and  we have not risen more than 6.99% to be exact is remarkable.

So locals here were suddenly shocked by the impact the housing shortage has had, along with the inflation that has suddenly brought us into the 2020’s, all seemingly over night. 

OK how much & shocked us with a request for $4k more to cover some of the roof expense ???

What I don’t understand is how and why so many people are shocked that this is a business model setup to make money.

Since my owner financing offer involves such a large drop on deal price(made up for and exceeded through interest and time) does anyone use techniques to soften the initial shock of the offer?

Buying still can be a good deal even if the numbers don't make sense --  when I was 13, I remember being shocked to discover the difference between my two grandfathers' living expenses.   

Lastly, 2008 was a financial service industry led crisis while 2020 is a Pandemic induced shock.