Great news was released a few days ago. Fannie Mae is now allowing individuals to purchase up to 10 properties. This is great news for everyone. This will allow more of the inventory to be taken off the market by investors. Individuals must have a minimum credit score of 720, have 25% down and have 6 months cash reserves. This will take effect on March 1, 2009. For more information, please click the link below. If you would like to talk to a great lender about this in more detail, please contact me. If you know of anyone who might benefit from this news, feel free to pass this along to them. Thank you!

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