How many properties to own under LLC

[Tamer Y.]

Hello All !

I'm forming an LLC with another partner and I know that a single person can have 4 to 5 properties under his name when going through a standard mortgage process that is reported to fannie mae and freddie mac (aside from portfolio loans).

I was wondering, when we purchase a property under an LLC, do we have similar limitations for the #of properties to own, or is it different? if it happens that we reach around 10 properties, how we will expand that number, or better ask, what is the best strategy that allow us maximum number of properties to own?

To Note: this is for buy and hold strategy, BRRRR may apply in some cases.

thanks!

Tamer

[Andrew Syrios]

There are a lot of different thoughts on this, but I think you should just get good insurance and run your business above board. Having 10 different LLC's or whatever just becomes a big mess.