✨How To Increase✨ Your Borrowing Power & Get More Credit #shorts #financing #investing

Investment Strategies
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Are you a real estate investor looking to expand your portfolio but struggling to secure financing for multiple properties? Then, you might be interested in this Freddie Mac 10 loan limit loophole. In this video, we’ll explain how this rule, limits the number of mortgages one person can have on investment properties and how having a spouse or partner can help you increase your borrowing power.
Freddie Mac, one of the largest providers of mortgage financing in the US, limits the number of mortgages an individual can have on investment properties to 10. This can be a major obstacle for real estate investors who want to grow their portfolio beyond 10 properties. However, by having a spouse or partner apply for a mortgage application on additional acquisitions, you can effectively double your borrowing power.
But there are some important factors to consider before applying for a mortgage. For example, your spouse or partner will need to have a good credit score and a healthy debt-to-income ratio to qualify for the additional loan amount. Plus, you’ll need to be prepared to share ownership of the property and assume joint responsibility for the mortgage.
In this video, we’ll discuss the benefits and drawbacks of applying for separate mortgages to boost your borrowing power as a real estate investor. We’ll also share tips for preparing your finances and finding the right lender to help you navigate the Freddie Mac 10 loan limit rule. Whether you’re a seasoned investor or just getting started, this video is a must-watch for anyone looking to expand their real estate portfolio.
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MUST WATCH Seattle Washington Videos:
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Brokered by RexMont Real Estate
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