Groundbreaking 5% Down Payment Policy for Multi-Family Investments
5,307
Published 2024-01-09
Sage Trust Mortgage: sageregroup.com/mortgage/
0:00 Introduction
1:30 Why does Fannie Mae exist?
3:20 Fourplex example (before and now)
6:10 Requirements
9:47 Your first investment property
10:55 What if you already own a home?
13:10 FHA vs. Fannie Mae
16:50 Are interest rates too high? Should you wait?
22:43 Max loan limits
23:45 Is this program active?
24:12 Benefits for the seller?
26:32 Mortgage insurance
28:53 Recap
#realestate #realestateinvesting #realestatefinancing #multifamily
--------------------------------
Juan is a Licensed California Real Estate Broker that has acquired his Certified Commercial Investment Member (CCIM) designation and a Real Estate Investor who is dedicated to helping people build wealth and financial independence through real estate investing.
Juan specializes in selling multifamily apartment units as well as residential properties. He prides himself in locating value-added properties that maximize the client’s investment yields. Juan is a detail-oriented entrepreneur.
Today he handles everything from finding, funding, designing, managing, and selling investment properties. His diverse experience in commercial and multifamily real estate allows him to develop and navigate a wide range of projects.
BRE 01417642
www.SageREGroup.com
Follow me on social media:
Instagram: www.instagram.com/multifamilylongbeach/
Facebook: www.facebook.com/SageRegroup/
LinkedIn: www.linkedin.com/in/juanhuizar-sagerealestate/
All Comments (21)
-
Using this loan, can a multifamily property, 2-4 units, be purchased with an LLC? I would still use it as a primary residence for at least one year. I just wouldn’t want the tenants to know I own it.
-
Thank you for the information
-
Nice video and the new guideline is real 👍🏼 Great way to make the monthly housing expense lower and great asset class to own long term👍🏼
-
Can you please record a video about buying a duplex with a conventional loan with 5% downpayment vs FHA loan with 5% downpayment? Also, can you please explain the difference between townhouse vs multi-family house and whether the type of house has any impact on getting a FHA or Conventional loan?
-
Can you use bank statements as income to qualify for this type of loan?
-
Hello thank you for the upload! What if I already own a property under an fha? Would I still be eligible or would I need to be a first time buyer!
-
Juan, congratulations! This content is incredibly valuable! I have loved how you have mentioned essentially the most important points that new investors need to learn about! I have a question, please. How advisable is it to get an LLC and as such buy your first multifamily property? I’m planning to purchase my first plex as my very first real estate investment and I’m unsure if I should do it under my name or an LLC. Also, does the FM loan apply to LLCs? I’m sure I could look that one up, but these are my questions at the moment, right after watching this super helpful video. Thank you in advance!! 😊
-
Hi, do you have to have 6 months mortgage in an escrow for the 3.5 fha loan like you do for the fannie mae 5% loan? Thank you
-
Interesting, however, for how long does the investor have to live in the multi family property with this new program?
-
how long do you need to reside in the property as "owner Occupied"
-
does this apply for all over ontario? or just select regions?
-
Austin Texas! Point in the right direction?! Much appreciated
-
Can it be new construction can you build it brand new from scratch?
-
Hello I have 2 houses but I'm ready for quadruplex how much percent I need to qualify
-
Talk about how much your your mortgage will be with this and how rent is at all time which isn’t good for new investors that would want to buy low for max profit
-
You said the program start November but 2023 or 2024???
-
I live in Nashville, TN. I would like to take advantage of this program. Could you please refer me to a multi family property mortgage specialist? Thank you so much.
-
Excellent Video. I know your are located in California, can you help me in my area? I live in Hawaii
-
Hello how I can contact your company ???I need an advice from expertise people.like you thank u
-
Hey, I am in Texas. I guess you guys are in California. But can I call you?
