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Updated almost 5 years ago, 01/24/2020
Financing over 10 properties
Hi, this past year has been busy for me. I sold my rental in AZ and through a 1031 put the proceeds in two properties in Orlando (financed 75% and 50%). I then purchased a rental 100% cash Independence MO. Then two places around Huntsville AL. Today I signed for one more rental in Casselberry FL. I do have one place in Huntsville I’ll close on in May (will give great recommendations to @Caroline Davis in the Huntsville market). All said I will have 8 mortgaged properties. I plan on refinancing my place in MO so I can pull out cash. With all of that I will have 9 financed properties (my primary house is another (will be paid off in four years)). My question is, I hear Fannie May only will let one finance 10 houses. How are others financing for more properties?