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ubcnewsworld
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Real Estate Investing Strategies For Married Couples Will Knock Your Socks Off. “Many married couples ask me about real estate investment strategies every day, “how many rental properties to retire, if I am this age or if I have this income and want this kind of lifestyle? How many rental properties to make 100k is a very common question for couples. And I love giving the answer because it empowers people.” explains Adiel Gorel, owner of International Capital Group A single 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 each spouse to take the homes in both your names but put only one of your names on the loan. This is massive. If both of your names are on the loan, you only get 10 FNMA loans. But you may each qualify separately just on your own credit and financial standing. You can get 10 loans only under your name, and up to 10 loans in your spouse’s name. If you put both of your names on the loan, it's only 10 for the household. I have hundreds of investors who have reached the FNMA loan limit of 20. 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 fairly quickly. We buy homes for a price of maybe $275,000, and 20 of those would amount to only one nice home in Palo Alto, Manhattan, or San Francisco. Contact Us At: https://icgre.com
