(English) Once-in-a-Lifetime Opportunity for Buyers?
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We have purchased 20 homes in 25 years some with cash most with loans. Now the banks are treating us like we have theplegue. How do we get to buy more in these great times to buy. They are saying any more than 4 mortgages we can’t have loan! Please explain why this is and can I change it.??
Annie
Cash will always be king but there are ways to manage your mortgages within the residential investor limitation. Some investors will go up to 10 mortgages before considering you a commercial investor i.e. LLC. Either way there are some options for you but it will take some diligent work from your lender or bank.
Adam