Can you refi out of the FHA loan to free that slot up?

thanx s lot Mary...that was very helpful....be sure to inform you about how the deal plays out

If you were to take 1 or more of your existing portfolio and move it to a Sub S and then refinance it with a portfolio lender, you then have opened up the slots of available loans that you can do through Fannie Mae financing.

@Shamus Quirk  many benefits to this you get an owner occ loan and rates compared to non owner occ.you get multiple doors for one of your 4 loan slots instead of buying a SFR.and well I am not all that sophisticated when it comes to fine tuning a P and L..

Then, of course you don't have to wait to get on an agent's schedule to see the property (still just need listing agent's approval of the time slot).I think it's a good idea, in addition to the above, because it keeps you in the RE business.  

The Antelope Valley was my home for a couple years back in the 90's. Lots

My clients also get an open house the weekend after it's listed (and every 3 weeks after) and are put on the brokers open tour the next slot I can get.

Here's why...Toilets are held down by two little bolts that are in slotted holes.

A million dollars thrown into real estate without a proper plan holds the same level of risk as throwing that money at a slot machine in vegas.

@Jay HinrichsThere's a couple of different answers to your question about the 10 loan max.Based on strictly looking at the number, and assuming I want to continue to add more than 10 properties:1a - I just use partners that have the credit I need...and the open loan slots available.1b - I also can sell off a % of my ownership.