Difficult to Purchase More Homes

Once again as money gets tight we have investors find it difficult to purchase more homes or to get all the homes they want in their own name. That is correct it is difficult to impossible to get more than 10 properties. Why?

Even if the person is a true investor who buys homes to hold long term and rent out. The rules that make it difficult come from government control. Fannie Mae and Freddie Mac Loans set their guidlines and the rest of the financial mortgage lenders follow suit. Some lenders will not allow more than 4 properties because it was a previous rule.

Now, this rule only applies to properties that have loans on them. If they are paid off then it is not counted.