Diane Kennedy
Bronze Contributor
User Power
Value/Post Ratio
25%
- Aug 31, 2007
- 780
- 193
Freddie Mac just made a rule change that states if your property has been in an LLC for any part of the past 6 months you can NOT refinance.
Fannie Mae is expected to do the same thing.
We're working on a quick solution for our clients and I'll be posting the latest ideas on my website and probably doing a teleseminar on it this weekend.
Talk to your CPA, talk to your lawyer, talk to your mortgage broker right away if you have property inside of an LLC.
Fannie Mae is expected to do the same thing.
We're working on a quick solution for our clients and I'll be posting the latest ideas on my website and probably doing a teleseminar on it this weekend.
Talk to your CPA, talk to your lawyer, talk to your mortgage broker right away if you have property inside of an LLC.
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