If you want to save yourself some hassle, view conventional offers more favorably, or nudge your FHA buyer into Fannie Mae 3% down FTHB program if possible (income caps by census tract).2.

Im wondering should I stay in my current apartment and buy a multifamily in Baltimore or just pack up and move to Baltimore where I could live in one of the units but the commute to my job which is in Arlington VA would pretty much be a nightmare Another alternative is to BRRRR a condo in DC as Ive seen a few on Fannie Mae Homepath website and continue to rent my 1 bedroom.

If you qualify for Fannie Mae mortgage you should get those.

What this means is if the property is worth $1 billion dollars, you can only take a loan of $625,500 and stay within Fannie Mae guidelines.  

You can buy your first 4 Fannie Mae loans fairly easily.

At this point in your life and journey, I would recommend trying to use Fannie Mae money.  

The Fannie Mae Deferred Finance program allow you to refinance within 6 months.

@Jason DeFazio  try Googling the following:  "fannie mae llc transfer due on sale investment properties". 

I opened my account at Dean Witter, and a friendly fast talking broker talked me into putting money into Ginnie Maes unit trusts.

@KinYat Lam  Molly from the Christmas party.