Hey guys,

My bank told me i can finance the rental property to 1-4 and 1-4 with a different bank. 

 the max financed properties fannie mae is 10, i believe 

My goal is for next year 25 rental properties, how can I achieve it with different finance method or financial institution? 

Thanks, everyone in advance. 

Hi @Vikas Chug welcome to BP!

As far as I know, that might be it for your Fannie Mae loans. But you should be able to refi a chunk of those into a larger commercial loan, freeing up your 10 slots again.

You could also go the private money route, for example, offering friends and family 6-10%.

Originally posted by @Vikas Chug :

Hey guys,

My bank told me i can finance the rental property to 1-4 and 1-4 with a different bank. 

 the max financed properties fannie mae is 10, i believe 

My goal is for next year 25 rental properties, how can I achieve it with different finance method or financial institution? 

Thanks, everyone in advance. 

You can get up to 20 by putting 10 just in your name, 10 in spouse's name. 

After that, the following loan types are not bound by Fannie rules:

- commercial.

- portfolio. 

- non-qm (a subset of portfolio).

- hml.

Originally posted by @Chris Mason :

Originally posted by @Vikas Chug:

Hey guys,

My bank told me i can finance the rental property to 1-4 and 1-4 with a different bank. 

 the max financed properties fannie mae is 10, i believe 

My goal is for next year 25 rental properties, how can I achieve it with different finance method or financial institution? 

Thanks, everyone in advance. 

You can get up to 20 by putting 10 just in your name, 10 in spouse's name. 

After that, the following loan types are not bound by Fannie rules:

- commercial.

- portfolio. 

- non-qm (a subset of portfolio).

- hml.

Chris which of these type loans has the lowest interest? And what are the rates now?