FHA Subject to Limitations - Possible work around?

[Ed Neuhaus]

I have always wondered what you do after you have 10 properties.  I know you can go commercial or private money, but I was wondering if there was a way to keep borrowing traditionally.  Well I think I found a way, I am just not sure how to structure it. 

In the FHA guidelines it says "Joint or total ownership of a property that is held in the name of a limited liability company (LLC) or partnership where the borrower(s) have an individual or combined ownership in the LLC or partnership of less than 25% and the financing is in the name of the LLC or partnership." would not count against your bag limit of 10 properties.

My question is how do I do that?