February and March were returned as NSF 3 times.  

I purchased the property in March for $81,500, and the appraisal value is $87,000.

This has caused an 18% decrease in "asking" rental rates since March of this year.

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?

I also bought properties from Citrona Homes back in March. 

Registration will open in March.

U2 Top-Grossing Tour: U2 led the top-grossing tours in the U.S. from October to March, earning over $230 million from their residency at Sphere, which also became Billboard's number-one large venue for revenue.

As SOFR has risen from 0.5% in March 2022 to over 5% more recently, the cost of rate caps has gone up drastically.

For example, a 10% return (or reward) can be worth the risk if you are investing in a Class A single-family rental in a great market with an A+ tenant, but not worth the risk at all if betting on a 16-seed to make it to the Final Four in March Madness.Investors in mortgage bonds utilize the risk-and-reward framework when allocating how to invest capital.

This property is 10 minutes from the University of Riverside and 20 minutes from March Air Reserve Base.