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Results (9,668+)
Emily Kelly Newbie From Indianapolis Area-Foreclosure Question
12 April 2017 | 9 replies
Take advantage of the first look period (Freddie Mac has a parallel program as well).Outside of that, there are a bunch of subscription services...if you are looking for an early jump, Zillow has moderately accurate pre-foreclosure data...I would ultimately recommend ListSource, but it's pricey (my minimum commitment is $1,800/yr)...or try ZBuyer. 
Frank Lin Using LLC to apply for property loan will cost more?
20 April 2021 | 2 replies
Commercial loan is a little more expensive in terms of rates and points as it will NOT be sold to Fannie Mae/Freddic Mac as residential loan will do ultimately.
Rob K. Anyone get a letter from Wells Fargo?
29 August 2013 | 3 replies
It's a Wells Fargo loan and I was told last year that I couldn't do the Harp style refi because it was with Freddie Mac and I had too many loans.I recently received a letter from them saying they would refi it to 4.875% on a ten or 15 year, or 5.75% on a 30 year.
Account Closed Unique Commercial Property
7 November 2019 | 3 replies
In addition to @Scott Mac's input, you could advertise it as storage (with a lease that spells out the don'ts) or look for ways to subdivide it in to smaller "storage only" spaces.Hope this helps,
Thomas Nance Conventional Mortgage option in NC
12 September 2017 | 6 replies
That is a hard Fannie Mae/Freddie Mac rule.  
David C Barth Struggling with 2nd House Hack
13 September 2021 | 2 replies
I would otherwise qualify because i recently got married and am looking for a larger property.Refinancing to a conventional loan requires 15% equity plus costs.And the Freddy Mac Homepossible changed at the beginning of the year to require 15% down for a 2-4 unit.Am I missing something?
Andrew Postell Refinancing your Fannie/Freddie mortgage will cost more now
14 August 2020 | 4 replies
And while we aren't there we had a pretty big announcement today after Fannie Mae and Freddie Mac announced a new 50bps loan pricing adjustment on all refinance loans purchased on or after September 1st – so basically, nearly every loan that is being refinanced by them.The move, obviously meant to "help" our struggling, coronavirus-weakened economy, comes at the directive of the FHFA and is meant to curb the “higher risk and costs” associated with refinance mortgages (yeah, right).
Aaron Dixon Tampa and Rising Sea Levels
15 July 2023 | 83 replies
Quote from @Scott Mac: Well, if you decide you want to believe this stuff, you could always by in Denver, or along the Arizona Bay. 
Raul Sai P Remote owner challenge with Rentals getting consistently trashed
15 December 2023 | 77 replies
Quote from @Scott Mac: Quote from @Raul Sai P: Some background - Around 5-6 years ago, I was getting decent tenants for the most part and a pretty good PM company to manage the rentals in MO state. 
Michael Ealy Small Deals Mean Wasting Time & Making Small Money
15 July 2021 | 204 replies
Originally posted by @Scott Mac:@Michael EalyHi Michael,I know of guy who did pretty well for himself with Hotels--ended up winning the vote for the Presidency.I have a feeling you're on your way to some big dollars with this effort.How did you (meet) line up investors that were interested in Hotels (or did you educate them on it)?