10 Loan Limit - Will Bank Lend to One Person if 2 are on title?

[Kyle Steiner]

I'm writing an offer on a property that I'm planning to pay all cash for.  My wife and I are each contributing to the purchase and we would both like to be on title.  However, we have a long-term plan to accumulate more than 10 properties and want to be strategic in the way we structure which one of us is on each of our loans now so that we can max out at 20 Fannie/Freddie loans in our individual names. 

My question is, if we buy this property with all cash and later, refinance with the bank, will the bank allow me to put the loan in my name only (assuming I qualify with just my income)?

[Account Closed]

Originally posted by @Kyle Steiner:

I'm writing an offer on a property that I'm planning to pay all cash for.  My wife and I are each contributing to the purchase and we would both like to be on title.  However, we have a long-term plan to accumulate more than 10 properties and want to be strategic in the way we structure which one of us is on each of our loans now so that we can max out at 20 Fannie/Freddie loans in our individual names. 

My question is, if we buy this property with all cash and later, refinance with the bank, will the bank allow me to put the loan in my name only (assuming I qualify with just my income)?

 The easier way is to establish a relationship with a portfolio bank (commercial lending) no limit to the number of houses you can own.

Better yet, do something like what I do: I don't use banks at all

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