While like many here I am hopeful that interest rates will go down soon the reality may be "higher for longer". And higher might mean much higher. For this experiment imagine that you found your idea search target (retiring owner, clean financials, an industry you know inside and out, a 5 minute commute,... +whatever makes it ideal for you) but just as you are about to send an LOI the FED doubles the prime rate. So, you would be looking at ~20% on a 7a loan. What do you do? Try to save the deal or walk away? If you try to save it what would be your plan?