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Scaling a rental portfolio in Washington

Washington investors usually scale a rental portfolio in stages. Conventional investment loans work while you have up to 10 financed properties under Fannie Mae's limit. DSCR loans qualify each property on its rent, with no personal-income documentation and no conventional property cap. Blanket or portfolio loans can finance several properties under one note.

The usual path

  1. Conventional investment loans for your first rentals, when your tax returns support them. Fannie Mae allows up to 10 financed properties when the new loan is a second home or investment property.
  2. DSCR loans once tax returns limit you or you pass the conventional cap. Each property qualifies on its rent.
  3. Blanket or portfolio loans to finance several properties together or consolidate existing ones.

Strategy, not just a loan

Kristen has built and operated her own rentals. Sequencing matters: which loans you use first, how you title properties, how cash-out refinances fund the next purchase and how reserve requirements grow as you add properties.

Related: DSCR loans, fix-and-flip loans, short-term rental loans.

Common questions

How many mortgages can I have?

Fannie Mae allows up to 10 financed properties when the loan is for a second home or investment property. DSCR and portfolio lenders don't use that cap.

Can I close a DSCR loan in an LLC?

Many DSCR lenders allow closing in an LLC.

What clients say

I’m so grateful to have had Kristen as our loan officer during our home-buying journey. Buying a home can be incredibly stressful, especially with all the moving pieces involved, but Kristen was always there to answer my questions, explain things clearly, and keep everything moving forward. She was patient, responsive, and genuinely cared about helping my family get into our new home. I never felt like just another client. Thank you, Kristen, for all your hard work and for helping make this experience so much smoother for us. We truly appreciate you!
★★★★★Charisse S.Posted on Google

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