Real Estate Investing Strategies For Married
Couples Will Never Be The Same.
One person is only allowed
to have up to 10 FNMA
loans at one time.
If you are a married couple, and
each of you can qualify separately,
then Fannie Mae enables you to
take the homes in both your
names, but put only one of your
names on the loan.
How many rental properties to
retire becomes more of a game
of how many rental homes to
retire with more abundance in
our lives than we had previously
imagined!
Because that, in essence,
changes the number from 10
to 20 rental properties to
retire wealthier than you had
imagined!
You can get 10 loans only
under your name, and up to
10 loans in your spouse's
name.
Now your family's total is 20
investment rental properties
with FNMA loans.
If you put both of your names
on the loan, it's only 10 for
the household. Ten loans
may seem like a large
number!
But when we buy in affordable
markets-when you can buy
beautiful brand new homes for
$275,000, or maybe even less-
10 loans can be reached pretty
quickly.
If you're a married couple,
and you have the knee-jerk
reaction to put both of your
names on the loans, resist it,
because you may be wasting
your best wealth-building
moves on an old belief
system that no longer serves
your best future.
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