freddie mac: Multifamily Financing - FHA/HUD vs Freddie Mac - 06/13/15 05:18 AM
Multifamily Financing - FHA & HUD Programs
FHA and HUD have some fantastic programs to finance multifamily residential properties.  On the positive side they rates that can be sub 4% in some cases.  They also fix those rates for the entire term of 35 years!  That is amazing but it gets better, multifamily residential investors can get LTV (loan to value) ratios as high as 90%.  That's a low down payment of only 10% of the overall cost.
With all these great terms comes a serious downside.  The multifamily residential investor must commit the development to various types of rental assistance programs and in … (0 comments)