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Fannie Mae Investor Guidelines

 

According to the Florida Association of Realtors Fannie Mae has changed their guidelines and now real estate investors can own five to ten properties, instead of only one to four. The change goes into effect on March 1, for qualified homebuyers. 

Investors must have good credit for at least the past 12 months.

Here is a link to the new Fannie Mae guidelines. I think it will be instrumental in allowing additional investor opportunities in buying real estate across the country.

 

This article is authored by

Sandy Shores, Melbourne FL Realtor

Brevard County Real Estate & Investing

 

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Post is included in group: All Things Florida
Post is included in group: Central Florida
Post is included in group: Investing in Real Estate
Post is included in group: Investors
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7 Comments on Favorable Investor Guidelines from Fannie Mae

FEB
21
2009
301,385 Points 1 Featured Post

Sandy:  In their own name.  They could own a lot more buying subject-to and with entities.  Thank you for the post.
7:18pm • #1
422,778 Points 20 Featured Posts Localism Sponsor Called Shot Master

Hi Sandy, I heard that also. I will follow your link to the new guidelines.  Thank you!
7:29pm • #2
129,092 Points 3 Featured Posts

This is great news lots of investors can now breathe a little easier.
9:30pm • #4
FEB
22
2009
510,459 Points 25 Featured Posts Outside Blog Attended Rain Camp

Tony, Point well taken, in their own name. They can form separate entities in which to purchase their properties.

Hey Miss Mary, This indeed is good info for landlords.

Pete, I think that this is good news.

Justin, I think this will allow our investors in the market more opportunities.
9:39am • #5
FEB
25
2009

Sandy, Great information.  This should open the door up more, eh?  Thanks for sharing the link.
5:26am • #6
510,459 Points 25 Featured Posts Outside Blog Attended Rain Camp

Hi Steve, I hope this opens the door to additional investor opportunities.  That would be great!
12:15pm • #7

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Sandy Shores - Melbourne FL Real Estate ,Realtor®, M & M Real Estate Inc.

Melbourne, FL

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Brevard County Real Estate/ Melbourne & Palm Bay Real Estate

Address: Melbourne, Palm Bay, Indian Harbour, Satellite Beach, Suntree, Viera, Rockledge, Titusville, Mims, Cape Canaveral FL

Office Phone: (321) 733-6080

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