Lancaster, PA · Member since 2013 · 27 posts · 1 vote
I'm looking at a couple sfh's that fannie has listed. Just curious if anyone has used buying 2 (or more) property's as a tactic to get great pricing? In this case though, they are listed by different agents.
Investor · Willow Spring, NC · Member since 2009 · 5k+ posts · 3k+ votes
12y
Not viable as far as I know. After you buy your first FNMA property, check "has" to the question 'Purchaser (has/has not) previously purchased a Fannie Mae owned property' in section 16 (Representations and Warranties) of the FNMA Real Estate Purchase Addendum. Not sure if they view this as positive or negative (or indifferent).