If I buy one more house it will be my last slot, so I was hoping to consolidate.

Photos could intentionally leave things out or be used deceptively.When I have a property to wholesale, I always try and consolidate showings.

From there, I have a summary page that consolidates the previous pages. 

Who owns them has nothing to do with your loan count with the lender.You could transfer them into an LLC and STILL be limited in your ability to get a loan because the loan is still in your name.The only way to get rid of the loan would be to pay it off, consolidate loans to 1 property to lower your limit, or get a commercial loan in the business' name. 

With MHP's becoming so popular right now, if the market doesn't drop out, they will be even more popular, and the ever consolidation of the industry, cap rates are compressing because more people are getting into the space that have lower return objectives and are fine with lower returns because they are placing their capital that has historically earned them lower returns than what they are used to based on never investing in this asset class.  

You can bypass that limitation by establishing a commercial loan and consolidating all the loans into one larger (portfolio) loan.In summary, find a property with positive cash flow and don’t let "limitations" stop you from building your rental portfolio because there is usually a work around.

Kerri - thanks for the  post ...consider  2 steps :1)  refinancing the  FHA loan to a conventional loan  to  eliminate the  FHA mortgage insurance  ..the  note rate might be  slightly higher than your present 3.875%  rate  but the  removal of the  FHA MIP  will likely leave you with a significantly lower  payment  that you have now  .2) use a  HELOC ( home equity line of  credit )  to  payoff  whatever  other  debts  need to be consolidated .....the  required payment on these  are  " interest only " payments so try to make a  larger than  required payment so the line balance can  decrease ......rates  are in the  5-7%  range ....interest paid  no longer can be written off  .......most lenders  will  go to a 90% cltv ( combined loan to value ) level on these  ( as long as you qualify)

While my overall debt won't change - I can consolidate it all at a much better rate long-term, and increase monthly cash-flow.Of course, the terms lengthen (to a new, full 30 year) - but I can comfortably pay the difference towards principal-pay down so that the interest over life of the loan comes down.

We have sent countless millions of offers to owners since 1999 using assessor data consolidators like RealQuest Pro (the back end of Listsource).For houses I current filter1.

I work for the PO and there’s always talk about closing rural offices and consolidating them with the next town/village/city in order to save money.