Married Couple Getting 20 Fannie Mae Loans (Michigan)

[Brandon Koster]

Hello All!  I was trying to find this topic in the forums but I could not find a clear thread on it.

Getting 20 Fannie Mae loans (10 in each spouse's name) seems to be a goal a lot of married investors have, but I have not seen it discussed in a clear way so far.  Hopefully we can have that discussion here!

We live in Michigan (not a community property state).  Our one rental and our personal home are both in my name, both the loan and the deed (title).  We are in escrow on our first rental with a loan in my wife's name.  I want some reassurance that I can put both of our names on the deed (title).  This will make management a lot easier since hopefully we can have one account with property management in just one name and not have to have multiple account with same property manager.   The end goal is 20 properties, 10 loans in each name, each property with both of our names on the deed.

Also - I would like to request that we steer clear of the "what if you get divorced" rabbithole.  I understand that this strategy is only applicable to folks who have very traditional views on marriage; where divorce is not an option and all income flows into one pot.  I know there are plenty of folks like that out there though who do benefit from this strategy and I would like to see if we can put together a bit of a roadmap.

Thanks!

-Brandon

[Drew Sygit]

@Brandon Koster nothing wrong with this strategy.

You can both be on title, but individual on the mortgages. You can either be added to title at closing or via quit claim deed right after.