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Updated over 3 years ago on . Most recent reply

Wendy Black's profile image
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Wendy Black
  • Investor
  • from Phoenix, Arizona
  • Member since Jul 14, 2014
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Wendy Black's profile image
Wendy Black's profile image
Wendy Black
  • Investor
  • from Phoenix, Arizona
  • Member since Jul 14, 2014
Connect
Wendy Black
  • Investor
  • Phoenix, AZ
122
Votes |
230
Posts
Private Lending & Conventional Mortgage Advice

Investment Condo Refi?

Wendy Black
  • Investor
  • Phoenix, AZ
Posted

I was reading that Fanny Mae and Freddy Mac have specific requirements for refi when it comes to condos, and one of them is that it can't be an investment security, which the site said was an investment condo.  Does anyone know why not?  Are there any alternatives for pulling money out of equity in this case?  Thanks.

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