You can each have up to 10 loans, so if there are 4 of you, you could have potentially 40 properties collectively before being out of Fannie Mae slots.

So rather than buying 10 properties together, you can each buy 10 properties for a total of 20 properties.At that point you roll most of your properties into a commercial blanket loan, that thereby frees up your 10 conventional slots again, so you can buy another 10 at the best terms.

I have a STR by a hospital and every slot gets filled.

Once you have hit your 10 limit, you would then move on to either Non-QM  / portfolio loans, or you refinance most of your properties into a commercial blanket loan, thereby freeing up your Fannie Mae  / Freddie Mac slots for a new round of 10 loans.The caveat is that when you do the Non-QM / portfolio or the commercial blanket loans, that you are not required to have a personal guarantee on those loans, otherwise if they require a personal guarantee, then the still count in the 10 financed property rule.

Since the property is owner-occupied I plan to set up an open house over the weekend where a handful of investors can view the property in certain time slots.

So I’ve polled a good chunk of syndicators and they’ve all said something similar to you michael- the ability to raise capital is key.I’m going to start doing that with my single family houses so I’m better positioned in a year to bring some value to the table for a GP slot in a syndication.How much capital are you trying to raise michael?

Our issue here is we are both on the title of the houses, which would be only 2 open mortgage slots. 

@Wang Judy.

My new Samsung Galaxy S10 has 2 sim card slot.

Hi,My name is Mubbashir, I’m currently new to the real estate investment side. question I have is Im located in Raleigh NC.What is the category for a multi-home ( townhomes or multi condos) and what is the process to convert zoning from one category to the other.Estimated fees and time slot.