Fannie Mae and Freddie Mac Conspire to Put Real Estate Investors In Harm's Way...

Freddie Mac will not refinance a property that has been held in an LLC at any time in the previous 6 months. Fannie Mae is expected to follow suit. And of course, this may require your lender to do the same.

For some of you this is a ho-hum announcement - another change in policy to be dealt with. If you have never been through this sort of change before, you may be uneasy, even angry. Here is another government backed organization making a decision that will have a major impact on a large part of the investing population - people who invest in real estate in an orderly, responsible fashion and who in no way caused the current mortgage debacle. But all investors are being painted with the same brush.