January 26th, 2011 8:58 AM by Eric Fang
One question for you. I was told that the bank will not loan you if you already had 4 home mortgages, is this true? can we have 5th home loan if we find another good house to invesrt?
A: We still have two lenders who can allow 5-10 financed properties, though there are a little bit more requirements for the cash reserves. I am actually working on two this kind of loans now. All were approved.