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Author: Dwdonhoff Big gold star, 5000 posts Top Favorite Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 127777  
Subject: Re: Consolidating Mortgages Date: 12/11/2012 11:51 AM
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Hi borad,

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?
Dave Donhoff
Leverage Planner
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