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All Forum Posts by: Chad Dickenson

Chad Dickenson has started 6 posts and replied 12 times.

Post: Looking for Lender (Quick turnaround)

Chad DickensonPosted
  • Posts 13
  • Votes 6

Looking for funding for a flip here in Olympia, WA. Let me know what you have and can offer us. Here are the details:

Asking Price for home: $225k

Rehab Costs: Approx $25k

LOAN REQUESTING $250k

ARV: $325k

Photos: Available upon request.

Date to Close: As soon as financing can come through.

Chad

Hi All!

My business partner and I are about to begin our rental investments; however, we ran across an article from Fannie Mae that mentioned that you can only have 10 financed properties at any given time. Do you know much about this? Am I reading it wrong? Is there an honest and ethical workaround?

Link to article is here: https://www.fanniemae.com/content/guide/selling/b2/2/03.html