How are people getting more than 10 loans?

Buying & Selling Real Estate
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How are people getting more than 10 loans?

David J.
Investor · shawnee oklahoma · Member since 2017 · 194 posts · 148 votes

I find that fannie and freddie cap you at 10 loans. To get 20 homes using BRRRR there needs to be many refinance loans.

How is this happening? How are folks getting around reserve funds for the next loan? 

Are private banks the answer? what kind of rates/terms are folks getting?

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Matt K.
Walnut Creek, CA · Member since 2015 · 3k+ posts · 2k+ votes
8y

Have spouse open 10 more under their name...

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  • Trevor Rutherford
    Wholesaler · Dayton, OH · Member since 2013 · 172 posts · 16 votes
    8y

    @michael what bank/lender are you working with? Im in Ohio.

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  • Lane Kawaoka
    Rental Property Investor · Honolulu, HAWAII (HI) · Member since 2011 · 4k+ posts · 2k+ votes
    8y
    Jason J. I hit the was with 11 sfh and good thing because sfh just is not scaleable. If you get to that level you need to move into syndications or do bigger commercial deals and get away from the fierce competition.
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