Primary Mortgage for properties 5-10

[Elizabeth Schongar]

Hi all, 

I'm looking into purchasing another primary property using a conventional 30 year with 5% down.  This will bring me up to 4 mortgages.  The question I have is what do I do for the 5th property? I would like to continue purchasing properties as primaries with a 30 year conventional with 5% down but I know that many brokers have restrictions with properties 5-10.  

Thanks, 

Elizabeth

[Chris Mason]

Originally posted by @Elizabeth Schongar:

Hi all, 

I'm looking into purchasing another primary property using a conventional 30 year with 5% down.  This will bring me up to 4 mortgages.  The question I have is what do I do for the 5th property? I would like to continue purchasing properties as primaries with a 30 year conventional with 5% down but I know that many brokers have restrictions with properties 5-10.  

Thanks, 

Elizabeth

 Should be relatively quick dialing for dollars. "Do you cap the number of financed properties I can have, if I am buying a primary residence?" -- yes/no answer. Call until you get a 'hit.'

@Jared Bouzek is in Colorado, may as well start with him.