I've never asked or seen anyone that injected themselves in the middle of a PM and investor as you did.

I am in the middle of getting a loan with a small credit union in my area, and recently rates dropped and I asked my lender what the rate was now and he said it was the same for my deal.

I personally hear from tons of people who think the market will come down, due to the struggling middle class and the fact that it will get worse.

Additionally, and obviously, you will make less potential profits.To the OP: You will not be able to "grow" your portfolio at any substantial pace with this model.

I'm in the middle of getting a multiplex with my brother.

While she seems like a nice lady, I don't want to be caught in the middle if her X-Husband  decides he doesn't want to pay her.

I always say it is in the middle but leans towards Landlord.

Hey BiggerPockets family,I was just approved for an owner occupant, Fannie Mae, 5% down with a purchase price of $1.3 million for a 4plex in the Phoenix Metro of ArizonaMy middle FICO credit score is 759My current DTI debt to income ratio is 30%I have enough down payment, closing costs for the subject property, and enough liquid reserves for all 10 of my apartment buildings totaling 45 units in PHX Metro AZ my mortgage lender quoted me with a rate at 8.125% with me paying 0.156 points totaling $1,920My question is,does this 8.125% interest rate sound reasonable for an owner-occupied fourplex 5% down Fannie Mae conventional loan as of March 27th, 2024, at 1700 hours?

It represents the number of months it would take to sell all homes currently on the market at the current pace of sales.

We are +3.5 up then down to -1 pool in the middle, back up to +1!