  |
  |
| As a Buyers Agent with the ABR designation I am a specialist in representing home buyers in all phases of the transaction... (Read More) | Being a selling agent is a totally different skill set than being a buying agent. It's a lot more work too... (Read More) |
Good news for investors looking to create a portfolio
Friday, November 05, 2010
Buyers are still allowed to purchase and refinance up to 10 total properties under current Fannie Mae guidelines. Many banks have internal rules that will not allow more than 5 financed properties but Smart Financial still allows up 10 total financed properties. Borrowers looking to finance properties number 5-10 must have a 720 credit score, 25% down payment, and 6 months PITI reserves for all of their properties.
I have worked with Ryan@SmartFainancial many times. He has never missed a deadline.
Note: He can't do Canadian loans. I have another gent that can!
