Posted on: 28th Dec, 2012 07:30 am
do you think that i would be able to get a Mortgage on my 5th investment property? i do not have one on it, and it is owned free and clear..my credit is great.i have them all rented with lease's. if not can you direct me in the direction?...thanks..
Yes, Fannie Mae will allow up to 10 financed properties. As long as your loan file is strong, with reserves, income and credit, you should be able to take advantage of the low interest rates. Good Luck
Hi logpole,
I agree with what Chris has said. You will be able to get a loan on your 5th investment property. You should get in touch with the local lenders and apply for a loan.
Thanks
I agree with what Chris has said. You will be able to get a loan on your 5th investment property. You should get in touch with the local lenders and apply for a loan.
Thanks
You will be eligible to get approved for a loan on your 5th investment property. Since the investment property is free of any liens and since you have great credit, I see no problem for you in getting approved for a home loan.