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Personal Finances / Buying or Selling a Home
|Subject: Re: Consolidating Mortgages||Date: 12/11/2012 11:51 AM|
|Author: Dwdonhoff||Number: 124464 of 126592|
One property is especially sticky.
Why? What are the hurdles you're bumping into in getting this one refinanced?
I also cannot purchase any more rental properties as I have reached my limit and some banks will not let me refinance becuase I have exceeded my limit on rental properties. If I want to purchase more rental properties, then I need to do something with the 4 that I have and the 1 that my wife has.
You don't specify what your "limit" is, specifically.... is it that you don't qualify due to sufficient total income?
The limit on financed properties (through FNMA/FreddieMac) is 10, including your personal residence, so you're not constrained there.
How else can we help?
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