Conventional investment loans under wife's name

[Scott Voytko]

I currently own 8 rentals, with 4 of them with mortgages under my name, and the other 4 with mortgages to my company name using private money with high interest ( they still cash flow so I don't mind the high interest as it stays in family anyway)

I was recently talking to my lender and asking about financing for properties 5-20, which seems to be a very difficult process, one of which I am not confident I could qualify for since I make sure my tax return shows as little gain as possible.... AKA The curse that helps with taxes but hurts with financing..

My question: my lender told me that I could have my wife purchase up to 4 rental properties in her name, because with investment properties a marriage does not imply both name go on the mortgage or deed. I then asked.... What about down payment? Which the lender said my wife could use my Joint bank account for funds ... I then asked... But we will file taxes jointly and the underwriter will see I have plenty of loans on my schedule c... Which she answered, as long as they are in your name, they won't matter.

So, my understanding was that my wife can have her own 4 easy mortgages, use my income for down payments, while at the same time they ignore my liabilities. This was in Jacksonville Florida... So not sure if it varies by state.

Can anyone confirm this as a possibility? I've never heard of it before, nor heard my lender discuss it. I feel like I misunderstood it.