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Updated over 8 years ago,
Loan Limit Question for Fannie Mae/Freddie Mac Loans
We have been purchasing rental properties and our loan guy informed us that there is a limit of 10 fannie(6)/fred(4) loans per name that we can acquire.
We are getting close to our limit and I was wondering what strategies if any are people using to acquire more of these loans?
Is it possible to transfer properties into a Trust or LLC in order to eliminate some of these from our personal names?
We love these loans because they are much cheaper than commercial/portfolio loans that we have seen.
Any information is much appreciated and thanks!