Buy 1 Cash or 3 Under a Loan

[Johnny Khoury]

HI guys,

I have enough money to buy 1 home out right, But I know it makes a better investment if I use that money to buy 3 with a conventional loan instead.

My problem , is that I already have 5 mortgage loans under my name and the banks will not give me another loan.

any idea how to get around the 5 mortgage limits please help

thanks

[Franklin Romine]

@Johnny Khoury

When I got hung up at loan #5 I went to portfolio loans with a couple different banks.  The portfolio lenders help me accumulate 12+ more loans.  It took a lot of hustling around selling the lenders on my ideas.  I prepared many different presentations on my portfolio and financials.   Some of my letters addressed to banks are saved in the BP fileplace, under letters...hope they might help.

Good luck and keep the momentum.

Frank