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Fannie Mae allows up to 10 properties again!
Can I get a hallelujah?
As of April 4, 2009 Fannie Mae will increase their current restriction of a max of 4 financed properties BACK to 10!
YOU HEARD ME RIGHT!!!!!!!!!
Ahhhhhh... They finally came to their senses...
Rasheed Mcdaniel
Unapproved pet during covid-19..
Hello everyone, I've recently gone pro and im excited about jumping into the community and becoming active. I have an interesting situation and figured what better to start with.I currently house hack a duplex and hav...
Gary Singleton
Whats wrong here? ridiculous loans
Advice appriciated here. i currently own 11 properties, all rented and going well. I currently only have 6 mortgaes on these 11 properties (paid cash for several) just trying to add more. I recently sold one of my bus...
Ingrid J.
Will a title company suffice, or do you need a RE lawyer?
Hi guys,Me and my fiance will be buying our first multifamily in Jacksonville FL next year. We've been interviewing real estate agents, and recently asked them whether or not we needed a real estate lawyer to review t...
Brandon Dillard
First Investment Property Advice
Hey BiggerPockets!
I work in real estate financing as loan officer / mortgage broker.
I live in California and decided to buy my first investment property in September of 2022 in Kissimmee Fl. I had a buddy who had ...
Mary Jay
Cash flow is a myth? Property does not cash flow till its paid off?
A few years ago one of the investors who had multiple properties in Manhatan Beach CA, then Phoenix AZ, who has been doing it for 30-40 years told me: " A property does not really cash flow till its paid off"Honestly,...
Thuy Phung
Investing in 2022 single family homes
Hi everyone, I am new to investing in real estate. Is it a bad time to start buying now With inflation going up, interest rate hikes, and it being a sellers market? Houses are selling fast so it’s hard to find a deal ...
Tyler Brown
Question about my budget for an investment property...
I'd like to get some input on how much I could/should be spending on an investment property, given the fact that my wife and I will be looking for a home of our own in the next 1-3 years.We live in New York City, but ...
Tim B.
Equity in multi-family dwellings
Morning,
I've got a question with regards to equity in rental properties. Would one be better off to pay a rental unit off with the income he/she receives from it or reinvest in another rental? It seems to me...
Anders N
Homepath Financing on FNMA REO's
Is Fannie Mae HomePath the Right Path?
How the new Fannie Mae HomePath financing program works and how to use it wisely.
The Federal National Mortgage Association (FannieMae) recently announced a new program called ...