Fannie Mae makes an announcement today to raise the number of financed investment properties back to ten. Since October of 2008, Fannie Mae had lowered the number of financed properties a borrower could have to four. Starting again March 1st, 2009, the limit will go back up to 10 properties. This is BIG news to the real estate investor. I think we all knew that going down to four financed properties was too aggressive of a move. Fannie Mae sites it’s reason for the change as a means to … [Read more...]