Fannie Mae Offers 5% Down Payment for Multi-Family
Fannie Mae Announces 5% Down Payments 5% Down?? You aren’t just hearing things, Fannie Mae recently announced a huge policy shift when it comes to down payments for multi-family. Previously, the down payment requirement for multi-family homes was 15%-25% of the property’s sales price. In November Fannie Mae introduced a 5% down payment option for […]
The 5 Big Takeaways from BPCON 2023
If you haven’t heard by now, we are big fans of BiggerPockets. And if you haven’t heard of BiggerPockets, and you are interested in real estate, well… shame on you! BiggerPockets is a complete resource for anyone looking to succeed in real estate investing. It offers content, tools, and a community of over 2 million […]
Balancing Rental Rates & Days on Market
Why are Days on Market and Rental Rates Both Increasing? We have been keeping up with shifts in the market for years. If you subscribe to this blog, or are a Client of ours, that’s not news. Recent data from the Metropolitan Indianapolis Board of Realtors (MIBOR) suggests a recent shift in the rental landscape. […]
Indianapolis Property Management Update: Rental Statistics Q3 2023
Days on Market continues to be the big elephant in the room. For three consecutive quarters, Indianapolis has seen DOM at or above 50 days. That’s painful. But there is a smidge of good news: After hitting a record high 55 DOM, Indy posted 50 DOM in Quarter 3. Not great progress, but some progress […]
