Some banks and credit unions are more flexible, especially if you have a strong financial profile.

However, like any market, success depends on selecting the right neighborhoods and building a solid team on the ground.In Indianapolis, areas like Broad Ripple, Fountain Square, and Irvington have seen strong appreciation and rental demand, but they can be more competitive.

What markets have been stable for multi-family w/consistent strong rents?

I’m guessing the rental market in Alexandria is very strong so you’d better make it worth it.

If you’re weighing a move.. be it a 1031 exchange in Oregon or locking in a promising rental in Phoenix.. just remember that the right local knowledge, strong relationships, and a willingness to adapt can set you up for something more than just another line item on your spreadsheet.

While we both have strong W-2 incomes, the large number of properties I own has made conventional lenders and agents caution that securing a loan for our primary residence could be a highly complex process.I’ve consulted with some local banks I work with, and one has expressed potential interest in financing our primary home.

When rates dropped Dec23, I remember one of my lenders saying they have a ton more apps so 2024 is going to be a strong year.

As a CPA, I would strongly advise you have a balance sheet kept, somewhere. 

We seem to have a strong (but faulty) bent towards following prognosticators, for better or for worse. 

If there is one thing I would do different is: I would invest Out Of State in markets that had sustained growth, strong job numbers, were safe and desired, and had favorable Landlord laws.