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Updated about 3 years ago on . Most recent reply

User Stats

176
Posts
183
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Michael Masters
  • Rental Property Investor
  • Westport, CT
183
Votes |
176
Posts

Freddie Mac Liquidity Requirements

Michael Masters
  • Rental Property Investor
  • Westport, CT
Posted

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

User Stats

176
Posts
183
Votes
Michael Masters
  • Rental Property Investor
  • Westport, CT
183
Votes |
176
Posts
Michael Masters
  • Rental Property Investor
  • Westport, CT
Replied

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.

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