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Updated about 18 years ago on . Most recent reply

User Stats

159
Posts
13
Votes
Grand Wally
  • Real Estate Investor
  • Louisville, KY
13
Votes |
159
Posts

Am I being lied to?

Grand Wally
  • Real Estate Investor
  • Louisville, KY
Posted

Just had a loan officer tell me that...

a) regardless of the business type, money isn't lent to LLC's or the like for investment properties. They lend to individuals and then you deed it to an LLC.

b) Fannie Mae only allows 10 mortgages

Just wondering how credible this guy is.....

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