Owning more than 10 properties

[Loic Assobmo]

Since Fannie Mae and Freddy mac prevent individuals from having more than 10 mortgages - how do investors by pass this to build larger portfolios?

[Stephanie P.]

Originally posted by @Wayne Brooks:

@Clark Kirkpatrick The “wrapping several properties into one loan” doesn’t help withe Fannie/Freddie 10 property limit.....the limit is “10 mortgaged properties”, not “10 loans”.

 If the wrapped properties are put into an entity, it bypasses the rule. The "10 mortgaged properties" are not controlled by the mortgagor seeking a Fannie loan but by an entity and the mortgagor is free from the burden of the 10 properties.