Call Tom Parke with Mason McDuffie Mortgage. 

Cell: (415) 828-5004

tparke@mmcdcorp.com

Get in contact with Joe Petrowsky. He is a treasure trove of knowledge and loyal Rainer!

I'll bet John Meussner has an answer for you! I have dear friends who are approaching their 10th and are wondering what they'll do after this! We're not there yet though!

A portfolio lender may be the only way to go with this situation though.

I dont know off the top of my head how many mortgages I have but my banker never mentioned a limit.

I found long ago that it is better to get away from those lenders who want to fit you into a federal program in order to sell your note off.

Best to stick with a more personal bank who will know your business and keep your loans "in house". 

This allows much more flexibility and allows both of you to go after the deals that will make money for all.

I'm sure someone will surface with an answer!!

Christine,

Maybe some of our lending members can answer that.  A

If the investor has more than 3 mortgages, that will be hard to find. Most likely, you would need private money mortgage, but the interest rates are not going to be competitive. 

Thanks for all of the mentions!

Christine Kankowski North SD and Temecula , you won't quite see regular rates for a borrower with 10+ financed properties, but financing options are out there.

Fannie Mae has a limit of 10 financed properties, so going beyond that is going to take you out of the conventional world.

Happy to help if you need it  

I don't know any sources but ask John Meussner, he may have a resource.

You will have to upgrade to portfolio lending

 Perhaps John Meussner can help.

Yes I understand that is now a problem no matter how seasoned the investor is. I have a friend that has the same problem - no solution yet.

Gene Mundt

John Meussner may be able to help.

WOW

Have you tried a portfolio loan with a local credit union or local bank?

I am eagerly following the answers on this one.

If they have enough down-payment and income to cover additional mortgage, I do not understand an issue. 

I would hope some of AR crackerjack lenders can help here. But it's tough. 

There are quite a few non-conforming loan lenders out there. Typically they only give ARM loans of 3 to 10 year fixed, and with higher rates.

This will be a good blog topic for you.

Barbara Todaro nailed this one!

Have you joined BiggerPockets.com? It's a great site to network with investors and you'll find plenty of lenders there.

Have you considered moving into multi-family investments?  I have a few single-family but can get a much better return with multi-family and the lending is easier (for me) with 5+ units.

Parked and reading

Contact Jason E. Gordon for advice.

Maybe a business attorney too as possibly an LLC or "?"-Corp would solve this?

Sorry, I don't know of anyone.

One possible solution would be to do a refinance cash out on some of the properties they have equity in and purchase the new property for cash. That way they would still be at 10 properties. You need to see if that is possible

Christine Kankowski North SD and Temecula -  some unique lender who could do this..

Good luck.

Good luck.