How much does having loan on your rental help or hurt?

[Peter Grosso]

Hello All, 

So I have one rental property with a equity loan on it.  Does it become continually easier to borrow money or harder as I take on more loans?  It certainly adds to the amount of loans outstanding, but it also adds to your income.    

[Terry Hershberger]

@Peter Grosso It gets harder as you accumulate properties. The banks go off of your income to debt ratio and generally won't give you credit for he income until it starts to appear on your tax return. Make sure you keep your credit score high as that will help drastically.

Hope this helps ya!

Happy Investing!