It depends on the lender but at a min they must follow TX SML or lending laws in the state in order to compliantly lend in TX, on whether choose to apply this guideline to all types of occupancies or transaction types (non owner investment, second homes/primary residences, etc)80-85LTV on rental properties is only on the purchase for fannie/freddie loans but on rate term refinances its max 80% and cash out max 75% for 1 unit and up to 70% for 2-4 unit cash out conventional.On HELOC's and rentals are up to 70-75% depending on the HELOC investor or product.Its good to distinguish between what the lenders are willing to do and for which product and also these loan products must abide my state law as well as an additiona layer of "overlays," on top as well (whichever is worst / most conservative).

Sellers are still paying the agents at the same rate as they were before.

Bonus point, if you could share (in a DM) approx how much you pay annually for your quad home insurance, so I have some idea about the market rate there I can send you a list of insurance agents here in Columbus

It's not sitting because of interest rates, it's sitting because it's overpriced.

The not normal properties such as those with no legal easement to access get redeemed at a much lower rate than normal properties.   

I ended the offer to rent to the tenant on December 1st and didn't receive any communication from LMHA until December 15th when they tried to schedule the inspection...that's 45 days to process a voucher.We had another home pass inspection on November 5th and we hadn't "stopped and waited" for LMHA because it had never been a major issue before so we let the tenant move in...LMHA announced on November 15th that the tenant voucher needed to be re-evaluated by LMHA and that the rent rate needed to be adjusted (The story was the "Administrator A" reviewed and approved it but since they had resigned, now we had to wait for "Administrator B" to do it.

Because I would rather earn less and be more hands off I don’t think it’s about section 8 per ‘se I have a section 8 tenant & she’s been great, it’s about the areas you buy in, if you buy an 100k rowhome in Baltimore it’s gonna be rough regardless of if the tenant is market rate or section 8.   

Much higher response rate, but more time consuming.

So, they could also force the municipality to pay them some profit that way as well since those sales usually go for more than you might think is market rate.

Hi,I'm trying to improve my close rate as a multifamily investor and wanted to gather some insight on what others have for their closing process from start to finish.