There are some that are large that are not doing this, but that usually is from taking over a smaller local PM company and keeping those people that worked at the smaller company in place because they know the area, laws, product way better than a national brand. 

When debt service on national debt is more than the budget for national defense, yeah, shaving off some interest points holds a heck of a lot of benefits to it LT, even if cost is a short term roll-over in markets. 

.▪ Institutional OpEx benchmarksA one-liner that ties expenses to actual operator averages helps align expectations early.▪ Brief risk/mitigation bulletsDoesn’t need to be heavy, just shows we’ve already thought through the downside.Those couple of additions have made conversations with lenders much more efficient on our end, especially when moving from preliminary interest to real underwriting.Appreciate you sharing this, would definitely like to take a look at your full checklist PDF as well.

Smaller commercial loans the banks have absolutely tightened up but a few institutional funds we work with are still originating a good number of bridge loans as well as longer term commercial loans.

If the universe of buyers is limited to those that can pay cash; or those that qualify for institutional financing, or those willing to part with the 30% down payment, then the ultimate sale price will reflect that.

It makes the worrying case that every human civilization in history has experienced a four-generation cycle, culminating in an existential crisis that reshapes society and kicks off the next cycle.Part of that has to do with building strong institutions in the midst and wake of the crisis, and those institutions gradually decaying over the next four generations.The last of those crises in our civilization – the one-two punch of the Great Depression and World War II – happened four generations ago.

Competed foreclosures, the final phase, were up 32% year over year.Florida, South Carolina and Illinois led the nation in state foreclosure filings.

Quote from @Marc Shin: Hello - looking for advice on investing in the Shenandoah National Park area. 

On one end, you have sponsors who attract institutional capital, family offices, private equity, or high–net-worth investors where the LP's often negotiate stronger terms and maintain greater control. 

Every model has strengths:• KW has strong early training• Coldwell Banker offers a recognizable brand and structure• Local mom-and-pop brokerages can give hands-on mentorship• Models like eXp offer flexibility and national reach  We moved to eXp recently because it opened the door for national expansion, especially for investor-focused agents, but that does not mean it is the right fit for everyone.