Letitia James & the 5-Unit Lie: Is It Mortgage Fraud or a Mistake?
Автор: Selling Southern Maryland | Tabitha Richardson
Загружено: 2025-05-08
Просмотров: 9640
Описание:
Mortgage fraud, Letitia James, 5-unit property vs. 4-unit loan rules—this episode breaks down how misclassifying a multifamily property could lead to serious legal and financial trouble.👀
Let’s talk facts:
🏠 What really separates a 4-unit from a 5-unit property
💸 How residential and commercial loans differ (and why it matters)
⚠️ The fraud risk of misstating your property size on loan docs
📍 Real-life lessons from the Letitia James case
If you're investing, house hacking, or buying multifamily, this is the truth your lender should tell you. Don’t get caught slipping.
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Tabitha Richardson
Real Estate & Wealth Podcast
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