I am looking at investing in a very small way, maybe just one of the HUD single family units for rental income. I see that HUD multi family units have some financing assistance available. Is it possible for a very small investor to qualify for competitive funding from Fannie Mae in order to purchase a multi family property such as apartments?

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A mortgage would be fine. I have good credit and a rental property (single family home) that I have renovated. I have had the property for 2 months so it is not seasoned yet. There is about k in equity now. I want to keep the property. How can I pull it out now without waiting? I would like to buy another house and need the cash for repairs. Then I will be in the same situation of pulling the equity from the next place. My mortgage broker says that I need 6 months seasoning. I will be getting a couple commercial loans but not for a few more months. Ideas?

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I have a set of 4 single family investment properties and am looking to refinance them on a commercial note? They really are not seasoned and I was wondering if anyone knew of a lender that would refi them and give me some cash out at about 80-85 loan to value? They are all rented and produce a good cash flow monthly and all were recently remodeled. They are all located in Columbus, Ohio.

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I am looking at purchasing a LARGE, older Victorian home that has been converted into 7 separate units. I will be seeking a loan but since this home was once a single family, converted into multifamily greater than 5 units, will I be looking for a commercial loan as opposed to a residential loan? Any suggestions on commercial brokers if it is commercial? The property is in Tennessee.

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