How do investors handle real estate ownership with multiple mortgages?

purchaseproperties,

I own a couple of fourplexes in Los Angeles. I want to purchase more (another this year while prices are slashed, maybe one more next year), but I know it affects my credit to have a lot of mortgages under my name. But I’m sure the banks who hold the mortgages won’t be ok with me just transferring them out of my name (and off of my credit report), especially now. How do small RE investors handle this problem? How do they get the mortgage liability off of their personal credit?

Even if you do a LLC the credit is still yours.

I have 30 properties, and over 20 mortgages, they will not care. (accept WF who only lets you have 10 with them)

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