http://thresholdstl.com/apartments/fannie-mae-against-investors Taking the St. Louis foreclosure, rehab, rental and multifamily real estate investor to the next level Sat, 13 Mar 2010 17:02:56 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://thresholdstl.com/apartments/fannie-mae-against-investors/comment-page-1#comment-23082 Mark Tue, 20 Oct 2009 07:11:01 +0000 http://thresholdstl.com/?p=1912#comment-23082 Buying Fanni Mae property could be a big problem. I am buying property for all cash deal, and still, can not close this transaction for more then 2 month. Problem? Yes, on side of Seller (Fannie Mae). What kind? Difficult to get to know and there is no way to complain. Very barricaded against investors organization. Buying Fanni Mae property could be a big problem. I am buying property for all cash deal, and still, can not close this transaction for more then 2 month. Problem? Yes, on side of Seller (Fannie Mae). What kind?
Difficult to get to know and there is no way to complain. Very barricaded against investors organization.

]]> http://thresholdstl.com/apartments/fannie-mae-against-investors/comment-page-1#comment-21860 Matt Kastner Mon, 31 Aug 2009 16:34:50 +0000 http://thresholdstl.com/?p=1912#comment-21860 I had not heard that, by I can believe it with these other changes coming down the pipeline. I just wonder the exact source of these new rules. Were they tacked onto a huge bill (ex. the Stimulus Bill) or is this just something coming out of Fannie Mae itself? I had not heard that, by I can believe it with these other changes coming down the pipeline. I just wonder the exact source of these new rules. Were they tacked onto a huge bill (ex. the Stimulus Bill) or is this just something coming out of Fannie Mae itself?

]]> http://thresholdstl.com/apartments/fannie-mae-against-investors/comment-page-1#comment-21859 Scott Hadfield Mon, 31 Aug 2009 14:45:02 +0000 http://thresholdstl.com/?p=1912#comment-21859 I heard the other day from a mortgage company that Fannie May, Freddie Mac are imposing a 12 month hold on purchases for buyers that are using these institutions for financing on any property that was a previous foreclosure. So if an investor is trying to do an honest flip (purchase and rehab) they cannot sell to a buyer with this financing unless they hold property for a 12 month term. We are losing our free market. I heard the other day from a mortgage company that Fannie May, Freddie Mac are imposing a 12 month hold on purchases for buyers that are using these institutions for financing on any property that was a previous foreclosure. So if an investor is trying to do an honest flip (purchase and rehab) they cannot sell to a buyer with this financing unless they hold property for a 12 month term. We are losing our free market.

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