Updated over 6 years ago on . Most recent reply
Question about bank loans and partnerships
Hi everyone!
I’m debating on getting my first rental property under my own name or partnering up with my sister. Now I don’t mind having a partner but my question is this- I have heard Brandon Turner saying numerous times that banks will typically stop giving out loans after 5-10 properties. When he says this , does he mean that I can’t have over 10 properties under my own name or is that including partnerships? For example, if I have 10 properties under my own name , will the bank give me a loan for more properties if I have a partner?