Question for Real Estate Agents:  At what point/after how much interaction with a prospective client, do you assume you have an unspoken agreement to work together? 

TAX QUESTION!

QUESTION 1: Would you consider this a good investment; purchasing a renovated SFH, section 8 it, and utilize a management company?

Here is why there are no responses to your question: it's tricky.Prior to the 2018 tax reform, there was a deduction for personal moving expenses.

Hey @Dana Kennedy, great question!

We have a few of these programs on our platform BUT my first question to borrowers who are seeking this is: what experience do you have?

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?

So the real question is this - Do you have a signed Change Order with this Contr that specifies the work to be done and the payment schedule?

Tough question to answer without some more clarity. 

Current market value is between $9k-$10k per acre, so $540,000 to $600,000.My big question is I don't fully understand if/how I can use that equity effectively to help out with other BRRRR properties.