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Updated over 6 years ago on .

Peter Faulkner's profile image
Peter Faulkner's profile image
Peter Faulkner
  • Rental Property Investor
  • from New York City, NY
  • Member since Jul 29, 2017
  • Posts 38
  • Votes 22
  • Experience 7 Yrs
  • Investments 1
Connect

User Stats

38
Posts
22
Votes
Peter Faulkner's profile image
Peter Faulkner's profile image
Peter Faulkner
  • Rental Property Investor
  • from New York City, NY
  • Member since Jul 29, 2017
  • Posts 38
  • Votes 22
  • Experience 7 Yrs
  • Investments 1
Connect
Peter Faulkner
  • Rental Property Investor
  • New York City, NY
22
Votes |
38
Posts
Buying & Selling Real Estate

Fannie Mae & LLC's New Exemption

Peter Faulkner
  • Rental Property Investor
  • New York City, NY
Posted

Hello Everyone,

I have a house under contract and was reviewing best practices for LLC's and conventional financing. My mortgage broker shared this information with me and I thought I would share:

http://workshopmortgage.com/blog/blog/2018/04/26/fannie-mae-an-llc-now-real-estate-investors-can-have-both/

Actual guidance from Fannie:

https://www.fanniemae.com/content/guide/servicing/d1/4.1/02.html

P.S. Super excited about my deal. It's my second deal. Been looking for almost a year now for something attractive, have been super conservative, and believe I've got a good one now. Happy to share more deets if interested.

Peter

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