Good news for the investors!!
Fannie Mae has upped the limit on the number of properties you have have a loan on. It was lowered to 4 maximum some months ago but last week they put it back up to 10. You still have to qualify and show that you are a bonified investor but this is great news. Here is the link if you want to see the details.
There are some great deals out there in the midst of all the foreclosures we have had and now maybe you can take advantage of them. Call me if you are thinking about getting into this market and we’ll see if we can help.
The key to winning in the real estate market is buying good properties in good rental areas and making sure you get good cash flow on them. Loans add risk and you have to be careful but it can be a great way to build wealth.
It’s a Good Life,
Jerry W. Robertson