Updated over 7 years ago on . Most recent reply
Getting Past the 4 Mortgage Rule - Business Borrowing?
My wife and I have three conventionally financed properties (including our primary residence). We are in the process of purchasing a fourth, with a fifth identified. As I understand, conventional financing is generally limited to four mortgages, unless you work with a portfolio lender. Here is my question:
If we use our LLC as the borrower for the fourth property and personally guarantee the loan, does it count toward our 4 mortgages? Will big banks like B of A or Wells Fargo make conventional loans like this to business entities?
Most Popular Reply
Jesse Smith the rule of 4 mortgaged/financed properties is an overlay. Fannie Mae clearly states you can finance up to 10 properties, not including your primary residence. There are plenty of investor friendly lenders out there that will guide you through this.



