I believe that the Fannie Mae guidelines on a cash out mortgage are a 75% LTV for fixed rated loans, and a 65% on ARM's.

I am a contractor that does about 8 houses a month for Fannie Mae, looking for an investor that has the capital to work with Fannie Mae.

I don't remember all the details of it but some condos dont meet standard fannie mae guidelines and are harder to get fha approval for a loan thus restricting yourself to more specific buyers.  

You can look at podcast that discuss rehab, flips, brrr and wholesaling.Your broker should be able to supply a list, Craig's list, MLS, Foreclosure list, Short sales, Bigger Pockets Members, Redfin, Realtor.com, Zillow, Trulia, Hud, Fannie Mae, Freddie Mac, and etc.                               

So I was reading one of the Getting Started articles here on BP and it led me to the Home Path website for foreclosed properties previously owned by Fannie Mae.

Hello,I want to bid on a Fannie Mae REO located in MA.

At a 60% ownership by a single entity, these properties will not be warrantable by Fannie Mae or Freddy Mac.

It seems that many back are adhering to a voluntary Fannie Mae standard of only financing upto 4 properties only.Thanks!

But, ask them.Fannie Mae has changed their guidelines so they will not count rental income until the property has been on two years of tax returns.

Scott,Being that I am in the mortgage business, maybe I can help answer that question for you.The 10 property limit is set by Fannie Mae.