Updated about 17 years ago on . Most recent reply
Problems getting loans on more than 5 properties?
I have heard that, as of August 15, Fannie Mae and Freddy Mac have limited an individual to 5 mortgaged properties. I already have more than that many and am becoming liquid again and ready to buy in this down market. Has anyone found a way to deal with this? If I don't figure this out, my business model of buy and rent back preforeclosures is shot. Any ideas?