Laurie Richards

Hello, I’m writing an article targeted toward real estate investors who are looking to purchase an investment property and are wondering if they can do so with a Fannie Mae or Freddie Mac loan. 
Here are my questions I'd like answered: 1. What's the most common misconception investors have about Fannie/Freddie loans? 2. Is 25% down a GSE requirement or a lender overlay? 3. Can you walk through a rental income calculation example if you’re using rental income from the property you're buying? What about an example calculation if you’re using rental income from properties you already own? 4. What required documentation surprises investors most? 5. How do you explain buying a duplex as a primary residence vs. investment? 6. What are some examples of common lender overlays? What’s a reasonable overlay versus when is it time to explore other lenders? 7. When comparing Fannie Mae/Freddie Mac loans for investment properties, are there situations when one might be better suited for an investor? Please respond in full, quotable sentences. Please include your full name and title. Please include a website or some other way to verify your credentials. Requirements: Looking for mortgage loan officers or mortgage loan originators with experience working with real estate investors and/or underwriting Fannie Mae and Freddie Mac investment property loans. Thanks, and I look forward to hearing from you! Laurie Richards

Hello, I'm writing an article about real estate investors using a Fannie Mae or Freddie Mac loan to purchase an investment property. I'm interested in getting some first-hand experience from real estate investors for the piece. If you could answer the following questions, that would be extremely helpful. Questions: 1. Did you know your loan followed Fannie/Freddie guidelines? 2. Were you able to use projected rental income or did they require history? 3. Did you encounter excessive lender requirements? Please respond in full, quotable sentences that I can use in the article. Please include your full name and title. Please include a website or some other way to verify your credentials. Requirements: Real estate investor who has used a Fannie Mae or Freddie Mac loan to purchase an investment property. Thank you, and I look forward to your response, Laurie Richards