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Updated over 6 years ago on . Most recent reply

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Richard V.
  • Los Angeles, CA
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How to finance more than 10 properties

Richard V.
  • Los Angeles, CA
Posted

I understand that the limit is 10 mortgages for someone to have.  How is it possible to own more than 10 investment properties?

I have heard on the Bigger Pockets podcast multiple individuals with more than 10 properties.  Trying to learn here and would appreciate any guidance on this.  TIA!

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Jason D.
  • Rental Property Investor
  • St. Petersburg, Fl
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Jason D.
  • Rental Property Investor
  • St. Petersburg, Fl
Replied
@Richard V. Commercial, private, or portfolio loans. The 10 max is a fannie mae guideline. Most small banks and credit unions will do portfolio, or commercial loans. The only problem is that the rates are usually higher and it's harder to find 30 year mortgages.

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