Interest rates didn’t kill that deal. Bad decisions did.
Everyone loves to blame the Fed. But the truth is, they overpaid, self-managed, and didn’t underwrite properly. Now they’re sitting at 70% occupancy and struggling to cover debt.
Here’s what most passive investors miss: the debt structure only works if the deal works. Fixed rate, floating, caps none of that matters if the fundamentals are broken.
Cash flow is king. And no amount of creativity can save a bad deal.
Comment #Multi for my Multi-Family Deal Due Diligence Checklist
#realestateinvesting #passiveincome #duediligence
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