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Updated over 5 years ago on . Most recent reply

User Stats

17
Posts
1
Votes
Chi Ta
  • San Francisco
1
Votes |
17
Posts

BRRRR - just a dream it seems, the limitations are real

Chi Ta
  • San Francisco
Posted

I have to put it out there, let's say you get several BRRRR down and things goes great.

1st BRRRR you manage to refi it into a owner occupied property.

2nd BRRRR investment loan (now what type of loan are we talking about here?), not to mention 3rd, 4th, 5th,... 10th, what lenders would give you that much money seeing that you already have other properties all at super high LTV?

Most Popular Reply

User Stats

109
Posts
58
Votes
Joshua Schmidt
  • Investor
  • Central Arkansas
58
Votes |
109
Posts
Joshua Schmidt
  • Investor
  • Central Arkansas
Replied

I was under the impression that you can carry up to 10 conventional loans.  Have talked to mortgage lender here in Arkansas that said I could carry up to 10....I don't think I misunderstood, but maybe I am missing something.

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