So what if my income doesn’t “support” multiple loans?
Currently my income, as far as I’m aware, will only support 1 rental property loan for the time being. I’m highly interested in vacation rentals and was curious if there is anyway of getting multiple loans going? Maybe if the place has past rental history? I have the money for the down payments saved up, but not enough to buy the locations in full. Do I just have to wait1-2 years to show the rental income before getting another property? Thank you in advance. I apologize if the question is not worded well. I am still trying to learn.