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Big news for those dreaming of owning multi-family homes! Fannie Mae has just announced a significant change effective November 18th, 2023. Now, buying multi-family properties just got easier with a reduced down payment requirement of only 5%, a substantial shift from the earlier 15-25% range. Sage Trust Mortgage: http://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: / multifamilylongbeach Facebook: / sageregroup LinkedIn: / juanhuizar-sagerealestate