Patricia BeckColorado Springs Real Estate Blog
Tag Archives: investment properties
Yet another change that will impact investors in Colorado Springs
Fannie Mae and Freddie Mac have recently changed guidelines regarding seller contributions. If you are purchasing a second home that is not your primary residence, the seller can not contribute more than 2% of the purchase price toward buyer closing … Continue reading →
5 changes that affect investors in Colorado Springs
1. Fewer properties- Investors were allowed up to 10 investment properties in the past but since mortgage restrictions have tightened up, investors are now only allowed to finance a total of 4 investment properties. 2. Extra Fees- Freddie Mac and … Continue reading →
