Great News Investors, You Can Finance 10 Properties Again

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. 

The restrictions are as follows:

You must have:

1. 720 credit score
2. 25% downpayment for a 1-unit (30% for a 2-4 unit)
3. No mortgage delinquencies in the last 12 months
4. 6 months of reserves for each investment property

Fannie Mae determine that investors can “play a key role in the housing recovery”.   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. 

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.  

JUST REDUCED to $24,900 – 3877 Colbourne Street Hobart, IN

Originally posted 2009-02-13 06:00:19. Republished by Blog Post Promoter

Just Reduced to 24,900.  Motivated seller.   Priced to sell bring any reasonable offer.    Great investment for any portofolio.