Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 2 years ago, 08/04/2022
Conventional mortgage options with a portfolio
I currently have 1 conventional mortgage on a home I no longer live in and it is currently rented. I'm looking to purchase another primary. I've got another 10 properties with commercial portfolio loans on them. Am I still qualified to get a fannie/freddie product for a primary or even an investment? Is the property limit global or does it only count conventional loans opened at one time? Can I close on a conventional loan and then quit claim it to a LLC to remove the # of units in my name restriction or would the loan be called due?