The FHA, to date, includes seven protected classes: race, color, religion, national origin, sex, disability, and familial status.

It sounds like you want to buy a primary residence.

Are you targeting single family homes or multi-unit properties. 

I took the family on a road trip to Johnstown and checked out some of the properties, I talked to the local utility companies, the title company, insurance company, etc. and everything seemed legit.

I recently bought my first investment property that will start as my primary residence with 5% down.

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?

They do nothing to protect family assets from the modern enemies of your legacy.

Would they be using the new home as a primary residence or secondary / investment property?

With your high income I would caution, as others have, about having to work too much in real estate at the expense of time with family or hurting your high-income job.

@David Cherkowsky From a single family point-of-view we haven't found a tool that tracks appreciation.