5% Down for Small Multis - New Fannie Mae Policy
Dec 08, 2023
Exciting update for Househackers – Fannie Mae has dropped the down payment for small multifamily properties to just 5%, lowering the barrier to entry for investors with limited capital or who live in expensive markets. Househacking isn't just about a place to live; it's a smart investment move. You can offset your mortgage and increase cash flow by renting out parts of your home or occupying a unit in a multifamily property, all while your equity grows.
Jordan Nutter, a Mortgage Loan Originator with over 300 transactions under her belt, will provide valuable insights into what this new policy means for investors and how you can capitalize on this cutting-edge tool to expand your real estate portfolio.
What you can expect:
-Learn about who qualifies for the new policy directly from an industry expert
-How to leverage the reduced down payment to maximize your investment returns
-Understand how to best assemble a team to guide you through the buying process
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