Fannie Mae & an LLC: How Real Estate Investors Can Have Both!

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In this video:
00:00 - Introduction: the LLC lending dilemma?
00:49 - Real estate is a great investment but comes with risks versus stock and bonds
01:17 - LLCs are a way to mitigate the risk
01:42 - How do LLCs affect lending?
02:30 - Fannie Mae guidelines and how they impact LLCs
04:34 - The Old Way of dealing with this dilemma
05:58 - Good news!
06:32 - What are Fannie Mae’s rules?
07:26 - Do you need permission to transfer title?
07:38 - What’s the process?
08:17 - What are Freddie Mac’s rules?
09:22 - One bad thing about Freddie Mac’s rules
09:55 - The role your lender plays
10:21 - How to tell if your loan is Freddie Mac or Fannie Mae
11:04 - What about FHA, VA or USDA loans?
11:24 - When you want to put title back in your name
11:56 - What about 1031 exchanges?
13:08 - Importance of 1031 exchange experts
13:16 - Tax implications of LLCs

Julee Felsman, SVP of Mortgage Lending NMLS 120831
Guaranteed Rate Inc NMLS 2611 Equal Housing Lender.
www.nmlsconsumeraccess.org
www.rate.com/licensing
www.rate.com/privacy

#LLCMortgageRules #LLCLendingRules #RealEstateLLC #RealEstateInvesting

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