Here's the Fannie Mae LTV matrix, and here's the Freddie Mac LTV matrix.

@David Rutledge I would definitely call up an experienced loan officer or mortgage broker who has experience with Fannie Mae/Freddie Mac loan programs like FHA and VA and ask them.

In the past it was possible to do a 10% down "secondary" home but it is just not possible right now with rates/pricing/fee structure with Fannie Mae and Freddie Mac. 

Finance (get cash in checking account, pay everyone on time; Marketing; Selling; Construction; Legal; Tax;  Creative Design Trends; Build your team... and so forth@Scott Mac tank top was okay for Madonna in 1980

Fannie Mae Homestyle renovation loan & Freddie Mac ChoiceRenovation loan. 

------------------------------------------------------------------------------Mac,I would like to get your take on wholesaling investment properties from a professional conduct standpoint.

Here is what Freddie Mac says constitutes occupancy, and you can evaluate for yourself. 

High-Velocity Deal-10-Year Fixed Interest Rate, Non-Recourse Freddie Mac Loan-Projected to sell in 2021-89%+ Overall projected Return (1.89X Equity Multiple)

Greystone would need to include that recommendation in its Covid-19 Forbearance risk memo and discuss with Fannie Mae for approval.Answer - Freddie Mac SBL: Borrowers can pursue the Payroll Protection Program as it is unsecured debt, but cannot pursue EIDL with out Lender Consent for subordinate debt.Answer - Freddie Mac Non-SBL: Borrowers cannot pursue the SBA Loans (EIDL or PPP) without first pursuing Lender Consent for subordinate debt

I’m involved with a wonderful woman, who I live with, and she is a VP for a large national medical device company, so financially we are good and ready to move into investing.We have both been educating ourselves through reading books, listening to podcasts, reading forums on BP, etc. and it’s now time to take that step into PASSIVE INCOME.