If the syndicator purchases larger MF assets, then they can qualify for a Fannie Mae or Freddie Mac loan.  

If you're just talking about vanilla Fannie Mae loan amounts, this shouldn't have been an issue for you for a long time.

Lenders may face challenges in valuing the property, determining loan-to-value ratios, and establishing appropriate underwriting criteria.Lack of Secondary Market Support: Mortgages for condotels may be considered non-conforming loans, and there may be limited or no support from government-sponsored entities like Fannie Mae or Freddie Mac.

Eligible frontline workers can receive lower than market rates on an FHA, VA, RD, Fannie Mae or Freddie Mac first mortgage, reduced upfront fees, no origination points or discount points and down payment and closing cost assistance.Borrowers can receive up to 5% of the first mortgage loan amount (maximum of $25,000) in down payment and closing cost assistance.Down payment and closing cost assistance is available in the form of a 0%, non-amortizing, 30-year deferred second mortgage.

The anthem of the entitled, ignorant, arrogant youth we have so fantastically raised with our molly-coddling.

. $265 per unit per month since we acquired it, easily beating our initial projections.The property is financed with a Fannie Mae loan and we have completed one supplemental loan since acquisition to return a significant amount of our partners' capital.We continue to hold the property in our portfolio.What made you interested in investing in this type of deal?

That's because condotel loans can't be sold to Fannie Mae or Freddie Mac.

But as per rules, in theory I should be able to get a conventional loan with 20% down payment.I'm wondering if there's any specific lender that would allow me to just put down 20% on a conventional loan.ThanksConventional loans are underwritten to Fannie Mae and Freddie Mac guidelines, and lenders have to follow them on conventional loans, and have the option of having overlays that would make them more conservative to avoid risk.

The #1 problem that few have mentioned is that this situation does NOT fall within Fannie Mae Guidelines, so the loan is not sellable.

See Fanni Mae's guidelines below:https://selling-guide.fanniema... question is, does my case ( ADU + JADU) also count as  more than one ADU?