These clients typically do not need to use a debt broker (unless the lender specifically requires them to work with one - such as Freddie Mac, Fannie Mae, life company correspondents, debt funds, and certain banks / credit unions). 2.

Fortunately, with Fannie Mae, it doesn't need to abide by the 75% rule that FHA has.

.: Quote from @Molly Hane: I’ve found a “deal” but I’m having trouble understanding if this is a good fit for me.

Quote from @Kirstin Moll: I love Cape Coral and am so glad you’re investing here.

Dory Mendenhal VP of real estate; Molly Mendenahll Director of Real Estate....lets just give the family titles and put them on the payroll lol.

Is there a difference between Freddie Mac and Fannie Mae homes?

I've already verified that it can be done as I've paid off the ones that were with Freddie Mac (or Fannie Mae).

I'm thinking a 4 plex to start and going the FHA route or Fannie Mae but Im also considering pulling a HELOC out to help fund a deal with private money or a HML.

First off, kudos to you for building up the savings and diving into the multifamily market with an FHA or Fannie Mae loan.

@Drew Sygit, Last November Fannie Mae began accepting 5% down payments for owner-occupied 2-, 3-, and 4-unit homes.