Quote from @Tracy Thielman: I’m seeing an uptick in bridge loan usage, especially for investors needing quick acquisitions or waiting on long-term financing.Are others seeing the same trend?

Quote from @Erik Estrada: Quote from @Jason Wray: Erik,I am not sure and would never talk in a bad way about any business unless I used them but in the last 8 months I have had several customers reach out to fix what they could not accomplish on really basic overlay issues.I have been seeing a lot of these other AI type LOS type companies drop the ball during the electronic Approve U style 1003/1008 deals that lack typical DU/LP findings.Back in the day we would target this type of company data to reach out and either help on the 6-12 month refinance or the aged leads.   

Additional insight on other trends in the area are also greatly appreciated.

if you don't meet current market trends/ competition on the MLS it could end up costing a lot more than the savings vs quartz. if it looks cheap there the alarm bells and over all impression set what a buyer is looking to pay they don't line item their price like we do.I flip 3-5 houses a year solo for the last 6 yrs.

Your OPEX ratio is ~35% of gross, but normal coastal STR multifamily trends around 45-60%.How would you account for this? 

Verify their experience in your specific area.Smyrna has a competitive rental market, so you will want someone who is knowledgeable about Cobb County and understands local pricing, tenant trends and county requirements.2.

I’ve noticed more investors shifting from large single-family flips to smaller multi-family deals this quarter.Maybe it’s the tighter lending environment, or just better cash flow.Are you seeing similar trends in your market?

Hey everyone,
From a lending standpoint, we’re noticing a clear slowdown in fix-and-flip activity here in San Diego. Inventory is tight, spreads are slimmer, and many local investors are either waiting for better mar...

The unemployment in Austin Texas was 3.27% and trending downwards.

The market feels different depending on where you invest — some areas are slowing down, others remain surprisingly hot. What’s happening in your local market right now?