So, almost surely not a build-able 1/4 acre on its own when you consider its modest size, odd shape, setback requirements and the easements.

I am building a house this year.

This has a lot to do with your location, building class, etc.

If you ever get a property under contract that's occupied the best thing is to send them a letter and offer them $ for moving expenses, and get them on the phone to build some rapport. 

So far, I've managed to build a really good team to support my business from agents and contractors to wholesalers and lenders.

Now, I'm particularly passionate about apartment buildings that have 20 to 100 units.

People usually like what they are told to like, and builders know these floor plans are cheap and easy to build.

I invest primarily in Detroit (12-doors there), but I'm also building an ADU here at my primary. 

I did verify certain things before agreeing, example a couple with low credit were recent immigrants to the country, no bad marks but still building up their credit.

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?