Max number of properties financed limited to four

[ Follow Ups ] [ Post Followup ] [ CREOnline Cash Flow Q&A ]


Posted by SoCalGal on August 22, 2008 at 08:58:45:

In Reply to: Rehabber Selling Paper....to acheive WHAT posted by Michael Morrongiello on August 20, 2008 at 14:36:44:

** Additionally there are no limitations in place with Fannie & Freddie
as to the # of loans you can have as an investor. **

Not tryin' to make you wrong; just correcting the record.

http://www.freddiemac.com/singlefamily/increased_limits.html

Freddie: Maximum Number of Financed Properties
Borrower can have individual and /or joint ownership in no more than
FOUR 1- to 4-unit properties that are financed, including the subject
property.

http://tinyurl.com/6knb5d

Fannie: Maximum Number of Financed Properties
• Limited to four, including the borrower’s principal residence
• Applies to all occupancy types

Follow Ups:



Post a Followup

Name    : 
E-Mail  : 
Subject : 
Comments:


[ Follow Ups ] [ Post Followup ] [ CREOnline Cash Flow Q&A ]

CRE Online, Inc. © 2007, All Rights Reserved.
creonline.com