types of loans

[Valeria R.]

I want to investing in real estate by buying a house or two to rent out.

Since i have the FHA loan on my first home.. what other types of loans are out there besides investment property or second home? I just need help understanding how people get to purchase several houses at once when they are first starting out in the business.

thank you!

[Account Closed]

Hi @Valeria R. 

Are you looking in the Houston market?

Depending on your financial profile, debt to income, etc -- you can typically qualify for up to 10 conventional fannie/freddie loans, plus your primary residence. There are banks, etc out there that will lend more than 10, but the down payments are larger. 

Andrew