If you’re able to gain enough equity, consider a cash-out refi especially if rates have come down.

Fannie Mae and Freddie Mac make multifamily particularly attractive compared to other CRE asset classes because they offer some of the best terms in the market—longer amortization, fixed-rate options, supplementals, and generally more favorable underwriting.Another key difference as you scale into MF is how lenders underwrite the deal.

We’ve got some of the best restaurants in America.

Albeit the rate was a bit higher since the client's DSCR was very tight on a portfolio to begin with.

If a lender isn’t local, what are the best ways to vet them to make sure they’re reliable and a good fit for long-term partnership?

The best way to overcome is to both realize it's normal so that you don't overreact, and lean on your team for help and advice.

I will lower the rate down from 10.35% to 7.5% though by changing lenders now that I have two years of books on the place. 

For active flippers or buy-and-hold investors — when time kills deals, do you prioritize speed of funding or interest rate more?

I've had good ones and ones that weren't the best "fit".I was wondering if some of the folks on this forum have experience with mentors that they loved working with and had excellent results with.I've looked at Brandon Turners stuff a little bit. 

.👉 Bottom line: The Fed’s next rate decision hinges on what this backlog of data reveals.