FHA is 3.5% down - Fannie Mae is now offering 5% down but neither one will allow you to close in an LLC. 

The subject property must meet Fannie mae or Freddie mac program guidelines for investment properties. 

This is where people will use it as a STR and schedule themselves 14 days to live in the home as well to meet occupancy requirements.A Second home with Fannie Mae requires 90% LTV or 10% Down whereas a 1-unit Investment property is 85% LTV or 15% Down.

We're going to have to start over looking for a very specific lender based on my needs which are Fannie Mae direct without overlays.

Well there is this one obscure tactic if you live in a Red state that could work but for you it's easier to take a loan from the existing 401K to start investing in hard assets.If you are conservatively using prudent leverage and finding decent deals there is no reason you should not be able to retire in 10 years or less and thus negating the very reason for these accounts that you can't touch till you are old.When you have money in these accounts it sounds good that you are not taxed on gains but you are restricted from getting a Fannie Mae loan.

Hello all, just wanted to take the time to share some products of value for the house hackers and share some market changing info:As of yesterday, Fannie Mae has changed the down payment requirement for primary residences to 5% on up to 4 units. 

I was hoping to take advantage of the new Fannie Mae 5% down option for multifamily and was curious if certain in-law suite properties would technically qualify as multifamily so I could use that new loan option.

Also, as you may have heard, lenders are now offering 5% down conventional loans for 2-4 unit buildings (Fannie Mae recently changed their guidelines).

 I couldn’t do any other long term loan because of current Fannie Mae guidelines.

However, there are some differences in loans that I would point out and then some good methods on finding out which lenders are "investor friendly".Generally speaking there are 2 main types of loans for investors: “Conventional” and “Portfolio”Conventional - I'll define these as loans that come from Fannie Mae and Freddie Mac (if you recognize those names).