Big news for those dreaming of owning multifamily homes! Fannie Mae has just announced a significant change effective November 18th, 2023. Now, buying multifamily properties just got easier with a reduced down payment requirement of only 5%, a substantial shift from the earlier 1525% range.

Sage Trust Mortgage: http://sageregroup.com/mortgage/

0:00 Introduction
1:30 Why does Fannie Mae exist?
3:20 Fourplex example (before and now)
6:10 Requirements
9:47 Your first investment property
10:55 What if you already own a home?
13:10 FHA vs. Fannie Mae
16:50 Are interest rates too high? Should you wait?
22:43 Max loan limits
23:45 Is this program active?
24:12 Benefits for the seller?
26:32 Mortgage insurance
28:53 Recap

#realestate #realestateinvesting #realestatefinancing #multifamily



Juan is a Licensed California Real Estate Broker that has acquired his Certified Commercial Investment Member (CCIM) designation and a Real Estate Investor who is dedicated to helping people build wealth and financial independence through real estate investing.

Juan specializes in selling multifamily apartment units as well as residential properties. He prides himself in locating valueadded properties that maximize the client’s investment yields. Juan is a detailoriented entrepreneur.

Today he handles everything from finding, funding, designing, managing, and selling investment properties. His diverse experience in commercial and multifamily real estate allows him to develop and navigate a wide range of projects.

BRE 01417642​​​

www.SageREGroup.com

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