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Updated about 3 years ago on . Most recent reply

Freddie Mac Liquidity Requirements
I have a multifamily property I'm interested in but it would put me on the edge as far as post-close liquidity.
Consider the following:
Required liquidity = $200,000
Cash accounts = $150,000
IRA accounts = $500,000
Would the IRA account get me over the liquidity requirement or does this type of account get excluded?
Most Popular Reply

I'm referring to the "Small Balance" Freddie Mac loans linked below:
http://www.freddiemac.com/multifamily/product/pdf/small_balance_loan.pdf
They have a 9 month principle+interest liquidity requirement. I took one of these loans out last summer, looking to do it again but my post-close cash might need some help to meet requirement.