Multiple mortgages

[Julian F.]

I have a few interested partners with down payment cash. I would be carrying the mortgages, and we would do a 50/50 ownership deal with traditional 20/80 financing.

I am looking to pickup more than 4 properties this way. I'm wondering if it will be harder to get lender approval after having a few mortgages in my name. I do not have any mortgages now.

I have excellent credit and a great income to debt/expense ratio. I'm thinking that with each positive cash flow property, my expenses will go up, but my income will go up even higher. So i should still maintain a great income to debt/expense ratio, right?