From LA to GA, New Investor

[Manny Luis]

Hey Y’all, 

I started investing in real estate last year, and I just closed on my second property here in GA, I moved from L.A 2 years ago and was shocked to see how cheap houses are here. 

My strategy is to save up 20%-25% to increase my cash flow. I currently make $55k at my job and I’ve always been good at saving up. My wife takes care of our two rental properties and I end up paying her $75 for each one a month. 

I know eventually my credit will tap out and from what my loan officer has told me is that I am only allowed to take on 4 mortgage loans. I am shocked to hear how some people have 20 plus units, my question is how am I able to get more than 4 rental properties under my belt? Ideally I would love to put everything under my name, but I also know that many investors have a partner and they use each other’s credit. 

Thank you all in advance