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Updated over 8 years ago on . Most recent reply

User Stats

29
Posts
7
Votes
Oscar Martins
  • Rehabber
  • Syracuse, NY
7
Votes |
29
Posts

Fannie Mae Property in NJ

Oscar Martins
  • Rehabber
  • Syracuse, NY
Posted

Hey guys, please forgive me for asking a question that has been asked a dozen times, not sure if the rules have been updated recently. I have read Fannie Mae properties are only available for purchase to owner occupants? only to investors if they reside in the property for at least 12 months? Is this correct. My plan is to sell or rent my current primary residence and purchase the Fannie Mae property and make it my new primary residence for at least 1-2 years. Is there any Fannie Mae documentation with the information I am looking for? Thanks.

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