The 5 financed property restriction

[Danielle Perry]

hi there!

what are some creative ways to overcome the 5 financed property restriction?

thanks

dmp

[Andy Webb]

@Danielle Perry - you should be able to get up to 10 financed properties with Fannie Mae now.  If you are married and both working, the potential is there to do up to 20 financed properties:  10 in each name. 

If the bank you are currently working with only does 5, then they have their own overlay/rules.  Reach out to an investor friendly mortgage broker in your area to see what lenders will accommodate the 10.

Andy