Beginning August 1st, Fannie Mae and Freddie Mac will no longer provide a mortgage to an investor who already has five or more residential (1 to 4 unit) properties. Previously they allowed up to 10 mortgages per investor. In this week’s Urban Detroit Wholesalers Video Blog, Jeremy Burgess discusses these coming changes and strategies to deal with them.
Happy Investing,
Jeremy Burgess
Detroit real estate
Free Report on Detroit investment secrets
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