max 4 mortgages?

is it true that the maximum number of mortgages that i can have is 4 (including the mortgaget on my primary resident)?

if so, how can i get loans to buy more investment propertes if i already maxed out the limit of 4?

thanks!

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Fannie Mae and Freddi Mac say 8, but no bank gives the 5th -va_landlord- 给 va_landlord 发送悄悄话 va_landlord 的博客首页 (0 bytes) () 12/02/2009 postreply 19:52:54

Thanks, but how can I finance more than 5 ?回复:Fannie Mae and Fre -OptionsKing- 给 OptionsKing 发送悄悄话 (0 bytes) () 12/02/2009 postreply 19:59:12

yeah, I'm wondering the same -sunskitehomes- 给 sunskitehomes 发送悄悄话 sunskitehomes 的博客首页 (0 bytes) () 12/02/2009 postreply 20:01:11

Find local bank or credit union for 10 loans. -ranch99- 给 ranch99 发送悄悄话 ranch99 的博客首页 (0 bytes) () 12/02/2009 postreply 20:56:29

thanks! will the rate be much higher than FNM loans? 回复:Find loc -OptionsKing- 给 OptionsKing 发送悄悄话 (0 bytes) () 12/02/2009 postreply 21:05:47

More downpay such as 35%. -ranch99- 给 ranch99 发送悄悄话 ranch99 的博客首页 (0 bytes) () 12/02/2009 postreply 21:19:33

rate is not much different. -ranch99- 给 ranch99 发送悄悄话 ranch99 的博客首页 (0 bytes) () 12/02/2009 postreply 21:20:08

how about income? debt to income ratio has to be <38%? does rent -OptionsKing- 给 OptionsKing 发送悄悄话 (0 bytes) () 12/02/2009 postreply 21:26:00

回复:how about income? debt to income ratio has to be <38%? does r -OptionsKing- 给 OptionsKing 发送悄悄话 (79 bytes) () 12/02/2009 postreply 21:27:31

Some banks still finance up to 10 properties -CaLoanAgent- 给 CaLoanAgent 发送悄悄话 CaLoanAgent 的博客首页 (941 bytes) () 12/03/2009 postreply 05:55:56

thanks for posting the regulation. -sunskitehomes- 给 sunskitehomes 发送悄悄话 sunskitehomes 的博客首页 (0 bytes) () 12/03/2009 postreply 06:41:35

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