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As an investor, how many conventional loans is one limited to?
Hi BP members,
Here lately, I have been getting different answers and have searched online but still have not been able to get accurate information. As a Texas resident (if that matters), how many conventional loans is an investor limited to? I know back in 2009 it was reduced to 4, but I keep hearing 10. So what is the actual number of loans we can be approved for?
I know the debt to income ratio plays a factor, so for simplicity lets assume that is not an issue.
Look forward to your feedback.