Jun
13
REI Summit 2008
June 13, 2008 | 3 Comments
So, a few weeks ago I was looking for great, original content to pass along to you, my real estate investor peeps. I called a few friends and one thing led to another …
http://www.reisummit2008.com
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Jun
13
Why, Freddie, Why?
June 13, 2008 | 3 Comments
Well, Freddie Mac announced that they are lowering their max number of financed properties allowed for investors effective August 1st. It was 10. It’s going to 4. No, that is not a typo. So far, Fannie has not announced a reduction in their max of 10 but a few lenders citing “secondary market pressure” have reduced their max to 6.
I keep saying it… if you have several mortgages on your personal credit report for rentals PLEASE begin an LLC refinance or blanket loan process now. You do not want to become unfinanceable and that is potentially what will happen.
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