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15
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4
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Josh Livingston
  • Simsbury, CT
4
Votes |
15
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Tighter Mortgage Restrictions with 5 or more properties?

Josh Livingston
  • Simsbury, CT
Posted

I am getting ready to buy my 5th buy and hold. My mortgage broker is telling me that I will now need to keep 6 months in reserves for all 5 properties. Does anyone else have this same experience or do they have another way to avoid this. FYI - I don't have the properties under an LLC, they are held in my name. Would having an LLC change this scenario?

  • Josh Livingston