Criteria for Five Loans & Above

[David Avetisyan]

I was wondering what the criteria is on the fifth loan for both the subject property, and on existing investment properties.

Furthermore, would it be any different if you are trying to refinance a cash purchase on a fifth loan with the property being seasoned only three months?

If I recall correctly, I have been under the impression that the reserve amount changes, but I was recently told that this is no longer the case. 

Any thoughts are appreciated