With holding costs and timelines shifting, many investors are adjusting how they structure deals.What’s been most effective for protecting margins in your recent projects?

Now the city is drafting the actual ordinance language.For those of us holding older brick inventory in the city this is the biggest shift in a generation.

As the market keeps shifting, I’ve been thinking more about balancing property ownership with paper assets like mortgage notes.

Hey Everyone,With real estate equity fundraising slowing but private credit strategies booming (debt funds now grabbing bigger shares of originations per MSCI), I'm seeing performing notes emerge as a standout opportunity for 2026.Key trends I'm watching that could impact your note strategy:Investor loan defaults rising (especially fix-and-flip and multifamily debt maturities), creating more inventory for buyers like us who focus on seasoned, clean-paying 1st lien residential notes.​Yields holding strong at 9-12% for well-equitied performing notes, beating CDs by 2-3x while offering real downside protection.​Seller-finance & hard money surging amid tight institutional lending—great for secondary buyers targeting re-performing assets.​Liquidity improving via digital platforms, but smaller regional banks offloading non-core notes to meet capital rules (14% YoY sales velocity up).​Question for the group: With this shift toward debt over equity, are you buying more performing notes to hold for yield, or repositioning into workouts/NPLs?

Trying to understand how investors are handling deals that don’t fit traditional MAO formulas but have strong financing advantages.Example scenario:• Seller needs higher price than flippers allow• Profit created through resale structure instead of discount purchase (novation)Are investors still executing these or has market shifted back toward deep discount acquisitions?

yes, it's possible for it to just be executed on your behalf, I guess; it's just much more difficult, and the market has shifted since 5-10 years ago, with much higher demand for BRRRR-able inventory, making every aspect tougher.all of mine have been very hands-on and could not have been done remotely.

The biggest shift in underwriting right now is that lenders are finally assuming nothing improves.

I am planning on shifting my focus to growing my own book of business within the next year.

Assignment — if the deal deteriorates before you start the work.The market always shifts.

You can nail your acquisition price, execute the rehab flawlessly, and stay on budget -- but if buyer demand shifts while you're mid-project or holding, you're holding a property that no longer fits the market.