Posted by William Bronchick on February 09, 2011 at 16:42:32:
No way around it if you are planning on fixing it up and
reselling it to a retail buyer. If you want to wholesale
it to another investor, you probably won’t be marking it
up 20%.
Fannie Mae Deed Restrictions - Posted by khalil
Posted by khalil on January 25, 2011 at 01:22:28:
Im negotiating with Fannie Mae to buy a single family home in Memphis, Tennessee and I have just come across their requirement for investors to have deed restrictions prohibiting us to sell the property for more than 120 percent of the price I would be buying it for up to 90 days after the purchase. Is there any way around this? How does this apply if you are offering owner financing?