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Fannie Mae Changes Down Payment Requirement for Multifamily Real Estate 

Jamel Gibbs
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5 окт 2024

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Комментарии : 40   
@jamelgibbs
@jamelgibbs 11 месяцев назад
↓Subscribe for more real estate investing tips↓ reieducationacademy.com/RU-vid-Subscribe Also, share and leave a comment below.
@RH-xp7xu
@RH-xp7xu Месяц назад
Happy to have Ryan back. It’s 2024!
@jamelgibbs
@jamelgibbs Месяц назад
👍🏾
@jamelgibbs
@jamelgibbs Месяц назад
What would you like for him to cover?
@santinaabrams2856
@santinaabrams2856 7 месяцев назад
Have Ryan back. I have family and friends that needs this. Appreciate you both!!
@Triplenet_Agent
@Triplenet_Agent 3 месяца назад
The question is can you have another home and use this program like you can with FHA ? For instance first time buyer with FHA as long as you move 100 miles or more away from the first home you are considered a first-time homebuyer. Can you keep the other home ?
@OmairaMejiaOmaira
@OmairaMejiaOmaira 7 месяцев назад
How true is it that you also need to have six months of mortgage payments reserved at the time of closing?
@shybunnie2259
@shybunnie2259 3 месяца назад
Can you build a multi-family with this program?
@michellerigsby1321
@michellerigsby1321 Месяц назад
Can you please give me information on the down payment loan for 1st time home buyers! Please and thank you!
@WorldwideIslander
@WorldwideIslander 7 месяцев назад
Nice point...never let people move in till closing.
@dianechapman9887
@dianechapman9887 10 месяцев назад
This is so good to hear from Ryan Lee. I would be a start-up investor in Multi-family units. But I keep thinking I need loads of money to start investing🤷. So thanks guys!👍👍👍
@alvatinawarner2804
@alvatinawarner2804 11 месяцев назад
Absolutely, I’d like more information about the 1st time buyer’s programs that are available now..I’m also in Maryland
@DanKohan
@DanKohan 11 месяцев назад
I really enjoyed your podcast episode! I appreciate Ryan's advice about using a mortgage broker to find the best deals and avoid extra costs. Keep up the awesome work!
@sharlinehill509
@sharlinehill509 7 месяцев назад
Yes Jamil and Ryan i would like to know more
@BYE2BILLS101
@BYE2BILLS101 11 месяцев назад
is there pmi for this 5% conforming loan?
@johnnyb33good21
@johnnyb33good21 8 месяцев назад
Yes there is PMI (Private mortgage insurance)
@j.reneymercier2042
@j.reneymercier2042 11 месяцев назад
Yes first time home buyer down-payment information
@vond.1162
@vond.1162 8 месяцев назад
Great information!
@luzdobens9788
@luzdobens9788 8 месяцев назад
Is possible to qualify? I already have 2 houses and planning to buy a quadruplex units .
@jeremiahstubbs3309
@jeremiahstubbs3309 День назад
Is it possible to use this loan to build 2-4 unit new construction with this loan? I've looked around and I don't see anyone specify that you can or cannot build new construction with this loan.
@nicoleshort177
@nicoleshort177 11 месяцев назад
I would love to know more about Down Payment assistance
@bryantgambrell8209
@bryantgambrell8209 11 месяцев назад
New costruction 4 plex/8 plex units available for Pre-sale. 10k deposit, 740 FICO-100K+ income, and 100% financing.
@UniquePathWellness
@UniquePathWellness 9 месяцев назад
Where are these pre construction
@darrellbush8529
@darrellbush8529 11 месяцев назад
Do you have to live in the state, and do you have to live in that property for 2years
@ymhair4860
@ymhair4860 10 месяцев назад
1 year
@torid.1834
@torid.1834 11 месяцев назад
Great info
@luistrujillo4307
@luistrujillo4307 7 месяцев назад
i live at reading pennsylvania 😂😂 thats crazy
@michaelgunn6895
@michaelgunn6895 9 месяцев назад
GREAT VIDEO IM A FAN
@TheresAlpha_In_Moxy
@TheresAlpha_In_Moxy 6 месяцев назад
Do you have to live in the property for a year?
@rafaelsanchez8312
@rafaelsanchez8312 4 месяца назад
Depends on the type of loan.
@andremckenzie7338
@andremckenzie7338 11 месяцев назад
WHERE ARE THE LIKES,THIS VIDEO NEED MORE LIKES FAMILY.
@kmb2657
@kmb2657 10 месяцев назад
What does he mean “offset” for conventional vs FHA?
@johnnyb33good21
@johnnyb33good21 8 месяцев назад
You can use 75% of the rental income of the subject property to help you qualify meaning before you even own the property you can use the income
@wrighttool
@wrighttool 11 месяцев назад
Can you use the 5% down for over 4 unit say 12 unit?
@ymhair4860
@ymhair4860 10 месяцев назад
No
@johnnyb33good21
@johnnyb33good21 8 месяцев назад
No, Fannie Mae 5% down is an owner-occupant loan for 1 to 4 unit properties. You must occupy one of the units for at least 12 months
@santinaabrams2856
@santinaabrams2856 7 месяцев назад
What do you if you already have a primary resident but want to do the FHA multifamily hack? Do I put the primary in a trust to hide my asset?
@anacabrales4401
@anacabrales4401 10 месяцев назад
I don’t think you can use the rental income to offset the debt. Not on conventional.
@alfordelliott6943
@alfordelliott6943 8 месяцев назад
Yes you can if it's your primary residence
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