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26 June 2010 | 4 replies
Unfortunately in todays lending environment, there's not much there to leverage. 75% LTV is about as high as anyone will go on investment property, and that's for Fannie Mae type loans on conforming properties. 70% is about the max when you get into commercial loans.Have you spoken with any local banks in the areas where you want to invest?
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28 August 2010 | 11 replies
(Fannie Mae, Freddie Mac, FHA/HUD to name a few others)?
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24 February 2011 | 5 replies
Any opinions would be good. 1st one fannie mae home, I could have right now for $53,500Could rent as is for 750-800 a monthtaxes $2,600 a year1400 sqft4-5 bedroom 2 bathnew siding and windowsNice locationGarage, nice yarddishwasher, new cabinets and central airThis house has some nice features but there is alot of old in it.
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10 November 2008 | 10 replies
Any more than that and the notes becomes unable to be sold to Fannie Mae.
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4 December 2023 | 5 replies
@Jacob Ansbacher @Sandi Hague@Dave ClausonOHHHH don't even get me started...
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10 May 2018 | 14 replies
@Lane Kawaoka, I appreciate the Fannie Mae breakdown.
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11 December 2016 | 12 replies
For SFR investment properties, 15% down with dirt cheap PMI is actually a standard Fannie Mae thing, though many banks have overlays that say otherwise.
2 November 2016 | 5 replies
I don't think Fannie Mae requires a seasoning period , banks add there own rules.