Some banks though may still use stricter rules though.This is probably not the latest announcement from Fannie Mae, but it should help clarify part of your question.http://www.homefinder.com/content/Buying-Guide:Fannie_Revises_Investment_Property_Guidelines

The newspaper in Sacramento just ran an article today announcing that the City of Sacramento is looking into doing this also.

Bill Gulley I don't think selling now will work, but he is exploring that idea, the problem is that this has been officially announced and ground is being broken within the week, so the damage is done I think.I am thinking it might be better to wait and see if there is any expansion or subdivision plans for tribe members or whatever that may buy the neighborhood and that would be the best bet.Of course if the traffic, noise and crime gets out of hand, it may be a different story.

FHA just announced today that their foreclosures are up 25%.

We have announced for weeks that the change was coming, both on the site and via our newsletter.Over the course of almost 8 years running the site, we've had countless requests for this kind of functionality.

Part of our ongoing plan to simplify and improve BiggerPockets includes putting together a top-notch team of moderators to help manage BP Nation . . . the awesome community we've built here.I'm excited to announce the first of our new batch of moderators, Jon Klaus!

:welcome:Sorry to hear about your health.The introduction forum is not really the place to announce deals.

I'm excited to announce that BiggerPockets has caught up with the times and has released its own Dashboard widget for Macs.

The Fed announced a Fed Funds Rate cut of ½%.

For being the most enthusiastic greeter to new members on BiggerPockets over the past week, you have won the "grand prize" for this little contest, and will get a BiggerPockets Hooded Sweatshirt.I'll announce the 2 other winners tomorrow.Thanks to everyone who participated.