I actually joined Chad Griffith industrial group.

👋I’m doing a deep dive into the property management industry and trying to stay on top of the latest trends across the nation.  

My focus is on raising capital for acquisitions and acting as a general partner in real estate investments, with a special interest in industrial, multifamily, and retail properties.

Now some people may argue higher interest rates are good, as it drives out competition on new acquisitions.

Small shop brokers that have access to multiple programs so that they aren't beholden to one or just a few loan programs will typically get the most competitive product for the borrower. 

However, rates have since moved upward.A 30-year fixed rate mortgage is once again sitting around 7% interest:For broader context, here’s a chart for 30-year fixed mortgage rates over the past 5 years:The real estate industry hoped 2024 would see a recovery in which mortgage rates fell and home sales climbed.

There's a lot more competition than previous years, and prices are high.

It felt like everyone I found were self-serving, looking to line their own pockets, or not willing guide because of fear of competition.

It's free to sign up for an account and the savings account has a very competitive interest rate.

I also completely understand the frustration of navigating through "Joker brokers" and fake lenders who promise more than they can deliver—one of the biggest challenges in the industry today.Regarding your approach to accrual-based repayment options, that’s a huge help for flippers managing tight cash flow, and it's great that you offer that flexibility.