I also suggest that the tenant install a camera that stores videos of the driveway, then when tenant has proof, you can send notice to owner next door that he is to eliminate hazards he is creating, or you will sue for damages, especially if it costs you tenants, as they can’t afford and shouldn’t have to deal with repeated damage.

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?

Purchase price: $376,000 Cash invested: $20,000 House hack owner-occupied investment turned to long-term hold.

I would not recommend using credit cards to finance your flip.

Is there anything that can be done to help an owner in a predicament such as this?

I've been a part owner of two different restaurants in my time (two very stupid decisions on my part).

The city contacted me yesterday saying they had previous conversations with the owner and cutting 5ft into my yard to add a hiking/trail path.

If you're looking to take down a ~$35k property in PHX to hold and sell later, your best bet would likely be to drive those areas and contact the owners (or their brokers) that are selling.   

How can I structure an agreement where an investor finances the conversion and we share the Airbnb income?

We chose pediment as a color, because it blends with browns well enough and also fits the neutral pallet for more modern styling as well.Cabinet paint is a can of worms I’ve lost roughly $8,000 this year alone, but this is off topic.This is our set up for all clients, investors or home/business owners alike:-Ceiling is flat, extra white PROMAR 200-Walls are eggshell, in client choice color PROMAR 200- Trim/doors/cabinets are semi-gloss, client color choice (go to is extra white) in the Emerald product line.