Video Transcript:
Most people think you can only buy ten rental homes. They believe it is a hard rule that stops everyone from growing bigger. I know this limit is not a real wall. The government wants to avoid big risks, so they made a simple rule. My name is David Ghazaryan; I build special financing systems that safely work around it. We use a different type of loan. It doesn’t look at your job’s pay. It only asks if the house itself makes enough rent money to pay its own bills. Here is a very smart move we make. We can change an old loan into one of these new types. This opens up an old spot for another house. These new loans have a slightly higher cost. But paying a little more is smart when it lets you buy a whole new income-producing house forever. This structure allows for building portfolios without any limits. For my complete breakdown, follow my social platforms and read the connected article. See links in description.
Read Blog Here: https://www.iqratemortgages.com/blog/buying-past-10-rental-properties-in-dallas--fort-worth
