Great News Investors, You Can Finance 10 Properties Again
December 4, 2011 by admin
Filed under mortgages, News, real estate info
Originally posted 2009-02-16 08:15:06. Republished by Blog Post Promoter
On March 1, 2009, <a href=”www.taylorbrownrealestatetalks.com”>real estate investors</a> can once again own and finance up to 10 individual properties. There are restriction reversal, though.Â
The restrictions are as follows:
You must have:
- 720 credit score
- 25% downpayment for a 1-unit (30% for a 2-4 unit)
- No mortgage delinquencies in the last 12 months
- 6 months of reserves for each investment property
Fannie Mae determine that investors can “play a key role in the housing recoveryâ€.  The change of heart came as a result of foreclosure auctions not going as well as hope due to real estate investors not having cash were limited in the number of properties they could own.Â
This decision once again allows investors the capital needed to grow their portofolio and create wealth through their passive income with real estate investing.  Contact us at Taylor-Brown Real Estate and take a look at the real estate investment properties that have a positive cash flow.  Call 219 803 4489 or email Serena at snorbrown@yahoo.com for details.
Today’s special is 16 short sale properties all under $15K with 13 that are occupied with paying tenants. There is a 17th property, but it is for $25K. It, too, is occupied with a tentant paying 858 a month. Â
I found your blog on google and read a few of your other posts. I just added you to my delicious. Keep up the good work. Look forward to reading more from you in the future.
Heck of a job there, it absolutley helps me out.
I simply want to tell you that I’m all new to weblog and absolutely loved this blog. More than likely I’m want to bookmark your blog . You absolutely have tremendous articles. Cheers for revealing your web site.
Hello there! I could have sworn I’ve been to this website just before but soon after searching via many of the submit I recognized it is new to me. Anyways, I’m undoubtedly delighted I discovered it and I’ll be book-marking and checking back again usually!
Hi! I could have sworn I’ve been to this website ahead of but following searching by way of a number of the article I recognized it is new to me. Anyways, I’m undoubtedly delighted I discovered it and I’ll be book-marking and checking again regularly!
It’s about time seomone wrote about this.
Thanks for writing such an easy-to-udnerstnad article on this topic.