The Florida Inventory Shift — And What It Means for Your Next Term Sheet
Coastal listings are stretching. Rates have quietly re-priced. Here's the capital that closes now.
Days-on-market in Palm Beach just crossed 60
Coastal Southeast Florida is behaving like it did in late 2019. Sellers are patient, buyers are picky, and the deals moving are the ones with a term sheet in hand at showing. We break down the three MSAs that softened the most this week — and the two that quietly tightened.
Rates re-priced twice this month. Inventory in the coastal MSAs is stretching. The deals that close now are the ones with a term sheet ready before the offer.
We are seeing three consistent patterns across our capital desk: investors are consolidating portfolios, builders are hedging construction with bridge, and self-employed buyers are moving to bank-statement programs at record velocity.
DSCR guideline changes that landed Monday
Two of our top lenders re-priced DSCR programs down to 1.0 for experienced investors. Cash-out to 75% is back on the table for 5+ door portfolios. Here's the exact overlay grid.
Rates re-priced twice this month. Inventory in the coastal MSAs is stretching. The deals that close now are the ones with a term sheet ready before the offer.
We are seeing three consistent patterns across our capital desk: investors are consolidating portfolios, builders are hedging construction with bridge, and self-employed buyers are moving to bank-statement programs at record velocity.
The 3-property BRRRR refi that funded in eleven days
An Orlando investor consolidated three seasoned rentals into a single portfolio loan, pulled $412K cash-out, and repositioned into a $1.8M mixed-use in Tampa. Structure, timing, and the three calls that saved the deal.
Rates re-priced twice this month. Inventory in the coastal MSAs is stretching. The deals that close now are the ones with a term sheet ready before the offer.
We are seeing three consistent patterns across our capital desk: investors are consolidating portfolios, builders are hedging construction with bridge, and self-employed buyers are moving to bank-statement programs at record velocity.