Multifamily in Las Vegas / Flips in Los Angeles

[Esther Shpak]

Hello BiggerPockets family!

I recently joined and would love to make some new connections. My husband and I have been investing in SFH but are looking to move into commercial investment in Las Vegas as well as flips in Los Angeles. We live in LA currently and I grew up in Las Vegas so we have lots of boots on the ground there. Give me a shout if you have any thoughts, advice or recommendations you want to share. Or if you just want a new connection. I'm all about that too.

Thanks!
Esther

[Diana Muresan]

@Michael Hastings you mixed the programs, I was referring to Fannie HomeStyle renovation loans and you are referring to standard purchases on Freddie. 

The reno loan with Fannie for owner occupied is 95% LTV on a SFR, 85% ltv on duplex and 75% on 3-4 units. For investment is 85% LtV on SFR only, MF are not allowed.

On the MF owner occupied I always do 203k fha