Married Couples Clamor to Max Their Real Estate Investing Strategies. EVENT

Newly engaged couples and newly married couples ask me, “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 at this stage of life. 

“Real estate investing strategies for married couples can have delightful benefits such as enough to afford many honeymoons and many of life’s milestones with joy instead of risk. All thanks to the single-family home, as a rental property coupled with the 30-year- fixed-rate loan.” -Adiel Gorel, owner of International Capital Group

So, one 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 you to take the homes in both your names, but put only one of your names on the loan. Then, how many rental properties to retire… becomes more of a game of how many rental homes to retire wealthier than we had previously imagined. Because essentially that changes the number from 10 to 20 rental properties to retire with FNMA loans on them - wealthier than you had imagined! So how many rental property mortgages can I have as a married couple, 20 with FNMA loans, and more (no limit besides your credit and incomes) via non-QM loans other than FNMA!

Now the whole point is, if both of your names are on the loan, you only get 10 FNMA loans. But let's say you and your spouse or soon-to-be spouse each make a salary then each of you can each qualify separately just on your own strengths. Well, you can get 10 FNMA loans for rental properties under your name only, and 10 FNMA loans for rental properties in your spouse’s name only. Now your family’s total is 20 investment rental properties with FNMA loans. If you put both of your names on the loan, it's only 10 FNMA loans for rental properties for the entire household. Fannie Mae enables you to take ownership in both of your names. This is a huge advantage for you that can reap benefits throughout your life.

Ten loans may sound huge at first. But when we buy in affordable markets—when you can buy beautiful brand new homes for $300,000, or maybe even less—10 loans can come pretty quickly. So there's a benefit if you're a married couple, and each one of you is financially viable enough to qualify separately, Fannie Mae enables the married couple to buy the property in both names husband and wife, and have only one of the names on the loan. So now you can get 10 loans in the name of the wife only and 10 loans in the name of the husband. And to assuage your fears about 20 loans sounding like a super large number, let me just remind you that 20 of the nice homes that we buy for a price of maybe $300,000 will amount to one home in Palo Alto or Los Altos California (Silicon Valley). 

Go ahead and dream big when asking the question how many rental property mortgages can I have? Single-family homes as long-term investments are the least risky: 5, 10, and even 20 homes truly are within your reach, particularly in less expensive markets. 

“I have hundreds of investors who have reached the FNMA limit of 20. In fact, if you're a married couple, and you have the knee-jerk reaction to put both of your names on the loans, resist it, because you may be wasting your biggest wealth-building opportunity.” -Adiel Gorel, owner of International Capital Group

Get the support, the tactics, the experience won expertise. Founder of ICG, Adiel Gorel’s Free Event has helped thousands of people buy rental properties. You don’t want to miss out. Click here ICGRE.com to find out how you can start investing in real estate in 2022.

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Created on May 18th 2022 02:15. Viewed 160 times.

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