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Updated almost 11 years ago on . Most recent reply

Francois D.'s profile image
Francois D.'s profile image
Francois D.
  • Investor
  • from Houston, TX
  • Member since Mar 23, 2014
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Francois D.'s profile image
Francois D.'s profile image
Francois D.
  • Investor
  • from Houston, TX
  • Member since Mar 23, 2014
Connect
Francois D.
  • Investor
  • Houston, TX
25
Votes |
81
Posts
Private Lending & Conventional Mortgage Advice

Refinancing 5 to 10 investment properties Fannie Mae?

Francois D.
  • Investor
  • Houston, TX
Posted

My understanding of Fannie Mae 2014 guidelines is that it will not allow cash out refi for investment properties 5 to 10 but will allow limited cash out refinance. You need 30% equity, 6 months reserve for each property and credit score>720.

Anyone having experience with such Refi?

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