There are plenty of ways to do it but if you plan to use a VA Loan you'll want to narrow down the area you are looking at buying you home as the loan limits vary county by county.Visit the Federal Housing Finance Agency - Fannie Mae and Freddie Mac Maximum Loan Limits for Mortgages for 2017find your area and start from there.

The LTV ratio will reduce naturally over time as the loan is paid down and the value of the home increases.Depending on the type of loan requested, their LTV ratio requirement may be higher or lower and general examples of what it can be are given below in the table:Loan TypeLTV ratio requirementPMI requiredFederal Housing Admnistration (FHA)Up to 96.5%Required through loan periodVA and USDA LoansLTV ratio up to 100%Not required.Fammoe Mae and Fredddie MacLTV ratio of 97%Required till the ratio falls to 80%Source: Investopedia: Loan-to-Value (LTV) Ratio: What It Is, How To Calculate, ExampleDo note however, that the LTV ratio only considers a single mortgage loan when purchasing a property and doesn’t take into account any other money borrowed against the property.

If I wanted to purchase some property a single-family unit and the asking price is X amount of dollars for purchase and down payment is that X amount of dollars minus a few thousand (92%) but loan purchase of refinancing is there for option, there is another figure of X amount of a current balance which is 7 seven times greater than the purchase price, because the loan is own by Fannie Mae or Freddie Mac but the property value is the X amount of dollars mention at the beginning, what do this all mean???  

Is the process the same as Fannie Mae?

I'm not even sure if it's legal, but most of the types of properties i'm buying don't qualify for Fannie Mae up front and need some rehabbing.2) How Do i find people who want to use their credit to obtain a loan and I can put part of the down payment and do all the work?

The rules is that you can't get a new Fannie Mae or Freddie Mac loan if you have four or more mortgaged properties.

I recently closed on my first investment property using the Fannie Mae Homepath product.

Have you taken as much Fannie Mae conventional / HELOC money as you can get.  

You may qualify for a Freddy/Fannie Mae loan, in which case you have to purchase the home in your personal name.

Is this a Fannie Mae multi-family loan?