Newbie here! Conventional loan limit question

[Natalie C.]

I've been searching through the forums but wasn't able to find a clear cut answer to this newbie/basic question:

There is limit of 10 properties that one can get conventional loans on. These 10 properties can all be multi-family properties, correct? (i.e. one could get conventional loans on up to 10 quad-plexes = 40 doors, before they hit their limit)?

Thank you! :)

[Stephanie Medellin]

@Natalie C. 

And then if you decide to buy a new primary residence after you have 10 investments, you can also get a conventional loan for that.  The limit only applies when buying an investment property or second/vacation home.