And you need to find a bank that will go along with it.Under new Fannie Mae guidelines, (well not so new this was done in May 2009) You can have up to 10 properties financaed in youro name as long as the following is met....actually I am gonna make it easierfor you: here it is straight from Fannie Mae....https://www.efanniemae.com/sf/guides/ssg/annltrs/pdf/2009/0902.pdfAgain hardest part is finding banks who will agree and do the loan.hope this helps,Chris

This is why we have conventional guidelines and they are a big deal, those are the minimum set of guidelines a loan must have in order to be sold to FNMA/FMCC and those GSEs pool the loans into securities and sell to the public.

Tony G - It is important to remember that when making an investment decision on a flip, more than just one rule, guideline, or "minimum" should be used.

LTV guidelines I should know?

Check with your bank first to determine refi underwriting guidelines.

I am always looking for creative ways to help my clients bypass the strict guidelines of federal backed lenders.

The 50% "rule" is a guideline and is not always accurate.

That said, underwriters will probably factor back in depreciation, so perhaps your loss won't be as bad in terms of underwriting guidelines.

It gave specific homepath guidelines for the first 4, then 5-10.

Jason,Not being a LV Native, I wanted to know who Moe isMoe Greene was a renowned Jewish mobster and former executioner for Murder Incorporated, credited with the development of Las Vegas into a gambling and Actually, that is a good point, how do you check out who your neighbors are when selecting a property ?