We purchased the home with FHA loan at 2.75 %Our rate is excellent but we are looking to purchase our next MF and need some advice on how to get into it.I know Fannie Mae has a 5% down MF loan program as long as we move into it.

Its a 12 month program and the cost seg ist just one part of the package.

There are a million and 1 software programs out there.

I do have a program just for single family homes but we cover funding in a different way.

Our developers have all noted that HUD has gotten much better with this program in the last decade and it more depends on the local housing authority being good or bad.

HUD has published notification that the new standards will be effective for the Housing Choice Voucher Program starting October, 2023.

It’s such an incredible program.

We could also tie our security cameras into the police system as part of a local program here in Chicago.We also paid "house sitters" to keep the squatters out!!

If you've already talked to lenders about terms and programs they offer then go out and find a deal.

We have 3 Padsplit loan programs none of which require income verification and can close in an LLC.