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Updated over 17 years ago on . Most recent reply

Grand Wally's profile image
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Grand Wally
  • Real Estate Investor
  • from Louisville, Kentucky
  • Member since Jan 27, 2008
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159
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13
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Grand Wally's profile image
Grand Wally's profile image
Grand Wally
  • Real Estate Investor
  • from Louisville, Kentucky
  • Member since Jan 27, 2008
Connect
Grand Wally
  • Real Estate Investor
  • Louisville, KY
13
Votes |
159
Posts
General Real Estate Investing

Am I being lied to?

Grand Wally
  • Real Estate Investor
  • Louisville, KY
Posted

Just had a loan officer tell me that...

a) regardless of the business type, money isn't lent to LLC's or the like for investment properties. They lend to individuals and then you deed it to an LLC.

b) Fannie Mae only allows 10 mortgages

Just wondering how credible this guy is.....

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