Fannie Mae/Freddie Mac will not lend on a property owned by a business entity such as an LLC.

This property was a Fannie Mae foreclosure in a "C" neighborhood in Louisville Kentucky.

Best bet may be a Fannie Mae Small Balance Loan.

My "go to" mortgage broker said he can't do more than 4 financed properties because of Fannie Mae guidelines.

In all of the Fannie Mae deals I have purchased there has been language added that I can't sell for more than XX withing XX time frame and I can't get a loan greater than XX within XX time frame. 

@Patrick Philip,Well, banks are "flush with cash" these days, but no, they do not have unlimited funds.Also, when banks lend, they impose certain restrictions on the loans, the borrower, the collateral, the terms of the loan, etc. so the note can be sold in the secondary market or be insured by government-sponsored agencies like Fannie Mae, Freddie Mac, etc.Private lenders ("OPM") typically don't write loans to sell them, and typically are interested in the deal rather than the borrower's details.Using OPM down usually means putting some kind of partnership, joint venture, etc. together so the source of the down payment is less of an issue or a non-issue to  the lender(s).Dunno if that helps...

Hi @Aaron Jones,Here it is, directly from Fannie Mae (which for the record is not "the government" in the way you are thinking):Variable IncomeAll income that is calculated by an averaging method must be reviewed to assess the borrower’s history of receipt, the frequency of payment, and the trending of the amount of income being received.

Fannie mae 30 year 4.5% ish rate.  

@Doron NissimNot sure what you're referring to when you say Fannie Mae stopped doing high level price reductions.

Also I will be using a Fannie Mae Homestyle Renovation Loan if that is pertinent as I am not at a point to pay cash just yet.1.