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Private Lending & Conventional Mortgage Advice
Account Closed
  • Oklahoma City, OK
2
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Limit of number of mortgages?

Account Closed
  • Oklahoma City, OK
Posted Jan 19 2015, 14:59

I get the concept of finding rental property, getting a mortgage, and renting it out obtaining positive cash flow while soaking up the equity. However, is there a limit to the number of mortgages one can receive? Will lenders start to decline my request for a mortgage due to me already having too many on my credit? If the answer is yes, then how do I overcome this hurdle to create a snowball effect (keep obtaining financing over and over for renting out more properties)?

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