How did you get financing after your 4th property?

[Mike Day]

Hi all. So I currently am holding a single rental property and am planning on financing 2-3 more in the near future. This means I will hit the limit of 4, after which most banks will not issue more loans (even though Fannie Mae allows up to 10). I wanted to survey the community to find out what other investors have done for property number 5 and up. Right now the most likely path appears to be finding a local portfolio lender to do the loans, or refinancing several properties together into a commercial loan to reduce the number of loans down below 4 and getting another conventional loan. How have other people dealt with this? Does anybody know of a national lender that will do 5-10 properties? Thanks!