Updated over 4 years ago on . Most recent reply
How many mortgages in your own name?
Ive been told by banks and mortgage lenders that you can have up to 10 conventional mortgages in your personal name as long long as your debt to income stays below 36 percent.
Does anyone have any experience with this?
Thank you
Most Popular Reply
Hey @Christopher R.,
Yes, that is the case for banks and mortgage lenders, that you can only have 10 conventional mortgages in your personal name. As for the debt to income that might vary per lender.
If you are looking to continue investing, you'll want to open an LLC and purchase future properties under it.