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Updated over 4 years ago,

User Stats

8
Posts
4
Votes
Matthew Smith
Pro Member
4
Votes |
8
Posts

How difficult would it be to achieve my investing goals if...

Matthew Smith
Pro Member
Posted



I am a new investor so pardon my lack of knowledge but, I recently came across a great job opportunity in my 9-5, however given the nature I am NOT permitted to purchase REOs from FNMA, or purchase homes in short sales or other foreclosure auctions where the home is secured by a FNMA-owned loan. I primarily am focused on flipping homes to generate capital to invest in small multifamily rentals, and eventually move into large multifamily.

I realize FNMA is a huge part of the secondary mortgage market but I wanted to get y'all's opinion on just how much these stipulations would hinder my ability to achieve my investment goals? Any advice would be much appreciated as I am new to this I am not sure how much this would effect the normal course of business.

 

  • Matthew Smith
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