How does one keep getting mortgages? Isn’t it capped on income ?

[Saajan Murali]

I see these podcasts where many talk about owning 50 , 100 or even 400 properties. I understand the total mortgage payment should be at 30% of salary and wonder how someone can get so many mortgages? Can anyone help me understand this please

[Greg Scott]

You must shed the employee-mindset. 

Nobody ever said 30% of salary. Think income.  When you buy an income producing property, the income from the property gets added to all your other income as part of your qualification.