It Just Got Harder To Buy Investment Property

Dear Fannie Mae,

Thank you for continuing to screw up the mortgage market for real estate investors.  I’m referring to your new guidelines effective September 1, 2009.

It’s nice to know you have no clue whatsoever.  Why are you punishing the wrong people?  Idiots.  (That’s my own personal opinion.)

Chris Lengquist
Keller Williams Realty
Diamond Partners, Inc
913.322.7515
listwithchris (at) kw.com

2 Comments

Filed under Financing Options, Real Estate Investing

2 responses to “It Just Got Harder To Buy Investment Property

  1. Andy

    That almost smells like the HVCC junk from Cuomo. How will/do you think that this stuff will spill over onto folks looking for a duplex to owner-occupy?

  2. Owner occupants will be under a lot more scrutiny now. I’m not sure whether FHA will still finance. Waiting for all that to shake-out.

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