🏠 Treasury Yield Updates 5-Yr UST Yield: 3.962% > 4.077% 10-Yr UST Yield: 4.324% > 4.426% Why is this important? - Typically for every 20 basis point swing, rates will move 1/8th in the corresponding direction. In the last week rates have held steady with no real movement in any direction. 📈 Industry Headline •Window of Opportunity: As rates edge a little higher and higher due to external factors, sellers are coming down on pricing a bit. Find the gap in the middle to take advantage of the opportunity 📘 What You Should Know (Opinion) Global conflict does not stop lending, but it changes how capital prices risk. The strongest deals today are the ones built to absorb volatility.

🏠 Treasury Yield Updates 5-Yr UST Yield: 3.931% > 3.962% 10-Yr UST Yield: 4.318% 4.324% Why is this important? - Typically for every 20 basis point swing, rates will move 1/8th in the corresponding direction. In the last week rates have held steady with no real movement in any direction. 📈 Industry Headline • Sellers Slash Prices: Sellers may be getting ahead of competition and cutting home sale prices before the spring season catches up 📘 What You Should Know (Opinion) Refinancing is harder than it used to be Many investors plan: buy with private money → renovate → refinance into long-term loan That still works—but underwriting is tighter now. So you need: - enough equity after rehab - strong appraised value - stable income if refinancing into a DSCR loan 👉 Don’t assume refinance will be automatic.

🏠 Treasury Yield Updates 5-Yr UST Yield: 3.816% > 3.931% 10-Yr UST Yield: 4.222% > 4.318% Why is this important? - Typically for every 20 basis point swing, rates will move 1/8th in the corresponding direction. In the last week rates have held steady with no real movement in any direction. 📈 Industry Headline • Property Tax Burdens: With New York City imploring an increase in property taxes, this article takes a look at the burdens that come with… 📘 What You Should Know (Opinion) Capital Is Available, But Underwriting Is More Disciplined Private lenders are still actively funding deals, but they’re leaning harder into: - conservative leverage - realistic renovation timelines - stronger borrower liquidity - cleaner exit strategies The money is there, but weak assumptions are getting filtered out faster.

🏠 Treasury Yield Updates 5-Yr UST Yield: 3.821% > 3.816% 10-Yr UST Yield: 4.234% > 4.222% Why is this important? - Typically for every 20 basis point swing, rates will move 1/8th in the corresponding direction. In the last week rates have held steady with no real movement in any direction. 📈 Industry Headline •Loan Apps Slow Down After 4 Week Push: Significant increase in mortgage rates have dissuaded home buyers and investors in the last week. Demand has dropped 10.9% in the last week 📘 What You Should Know (Opinion) Inflation and Energy Prices Are Creating Rate Volatility Recent inflation concerns and rising oil prices are keeping bond markets sensitive, which means lending costs can move quickly even when headline rates seem stable.

🧠 What Changes When You Scale Your first few deals may work because: - You’re focused on one property at a time - Your liquidity is concentrated - Your exit timelines are manageable As you scale, every new deal creates overlapping pressure: - Multiple maturity dates - Multiple tax payments - Multiple rehab timelines - Multiple exits happening at once 🏗 Real-World Example An investor has: - One bridge loan on a fix-and-flip - One DSCR refi in process - One new acquisition under contract Each deal may work individually. But if one exit delays: - Liquidity tightens - Extension costs increase - New opportunities become harder to capture This is where scaling gets exposed. 📊 What Private Lenders Watch Closely Private lenders often focus less on the property alone and more on whether the borrower can manage multiple active projects. They look at: - Liquidity - Existing loan exposure - Exit timing - Global leverage across all projects Because one delayed project can affect everything else. 🎯 The Takeaway Scaling with private capital is not just about borrowing more. It’s about controlling: - Timing - Liquidity - Exposure The investors who scale best don’t just find deals — they manage risk across the full portfolio. 💬 What becomes harder as investors scale: finding deals, managing exits, or preserving liquidity?