Lenders are offering temporary extensions, but many deals underwritten on 2021 assumptions still lack viable refinancing paths.Implication: Distress in multifamily will continue to feed non-performing loan inventory, especially for mid-sized operators.

You need access to water and waste lines and of course the correct sizes for those.

You will get mixed reviews because of their size.

For landlords expanding beyond a few properties, traditional income documentation can slow momentum.At what portfolio size did you shift toward DSCR or alternative financing structures?

Was it portfolio size, income documentation, or flexibility that made the difference?

The property is owned free and clear.That’s helpful perspective — I suspected the cost of capital would be the bigger factor than qualification.One issue I’m running into is minimum loan size.

.: Charts?

I see there is another unit of similar condition and size a block away for $10K less.

Appreciate you adding this, Daryl — really solid game.The parts about carrying costs, permits, and cost of capital were big reminders for me, and I’m making sure I factor those in up front now.The street-view/neighborhood tip is huge too — I’m definitely going to be paying more attention to that when I’m analyzing deals.If you’re open to it, I’d love to learn more about how you size rehab or double-check ARV when you’re running numbers.

-What acquisition criteria are you using (neighborhood class, price point, property type, condition, layout, lot size, etc.)?