My ideal thought was to use a product from Fannie Mae or Freddie Mac to finance rehab but seem to be a $1M minimum. 

Syndication, syndicating, Fannie Mae, Freddie Mac? 

It is not uncommon around here in these older multi family to have no common meter paid by the landlord and the basement lights sump and devices all ran off one of the units .

Think Mac Donalds worker.  

I use All Spectrum for all my properties @Bruce Mac.

Our NOI is already high enough to be more the 1.3M, but the brokers I'm using who are approved by Fannie Mae/Freddie Mac say that the appraisal will come up shorter due to recent sales.

.- owe 330000 on our house it is worth 480000Looking to cash out refinance to put down payment on a new loanQuick questionI have submitted cash out refinance applications with usbank (our current mortgage holder) and peeny Mac online.Any suggestions of other places to look for a down payment for a new house.

The freddie mac home possible and fannie mae home ready programs require that you aren't on title to any other real estate.

I definitely like it, but not nearly as much as I like the ease of Apple devices.

Josh Chappell Nearly all 30 yr fixed loans (on SFR, at least) are agency backed loans, so Fannie Mae, Freddie Mac, etc.