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?

While we have liquid to do a 5-15k downpayment, we'd like to use a minimal amount of our own money.Seller is not in need of a lump sum of cash, and has said they would be open to monthly payments as a financing option.

The partner in question has multiple times the loan amount in his bank accounts/liquid assets.

., stocks or mutual funds) that are operating at a loss, if you liquidate those investments to take a loss, you can use those losses to offset your capital gains.

It's a great market but you need to be liquid and you need to either build your own wholesale outfit or be at the top of the buyers list at 2 - 3 pf the best wholesalers of the area.

For houses that by 2008 to 2010 went down to 20 to 40k I know I had to liquidate a few and take some pretty big loss's there..

Liquidity redemption (if even possible), you would have to face a 30-60% discount of what you put in.You might want to reach out to sponsors to private sell to other LPs.

Please be careful liquidating all of her retirement savings to invest in a project you have no experience in.

Simply, a percentage of the profits; so only AFTER the investors get their investment back + a “preferred” return of usually 6-8% annually.Here is how our equity (as opposed to our debt/loan/notes) syndications are set upwe as syndicators get a either a 3% broker fee or 3% acquisition fee at purchasewe get a management fee competitive with outside managementwe get 10% of gross rents as ASSET management feeonce investment is liquidated we receive 15% of proceeds ABOVE or AFTER investors receive their capital returned plus 10% annual calculated income including any distributions of earnings. 

I'm not a huge fan of paying cash since you lose liquidity.