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General Real Estate Investing

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Rich Cee
  • Investor
  • Cape Coral, FL
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64
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How many homes can I purchase?

Rich Cee
  • Investor
  • Cape Coral, FL
Posted Sep 29 2014, 00:15

Good morning BP people! I have a simple question that may help evolve my business plan that I hoping for some insight on. If I qualify for a primary mortgage of about 150k-180k, will I still be able to purchase say 10 investment homes using the 20% down method if each home is 60k-100k? I have the capital to start purchasing multiple investments, but do banks acknowledge that the tenants are paying towards said mortgages?

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