FAQs
Maximum Number of Properties Financed and LLCs
FNMA allows up to 10 financed RESIDENTIAL properties. This does not include commercial property. If you have a mortgage on 5 properties and own 5 other properties free and clear, you can do 5 more financed properties if your DTI allows for it! Note: DSCR usually does not care how many properties you currently have financed.
Yes, as this is an extension of you. Keep in mind you are still the guarantor of the mortgage payment though.