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Updated almost 5 years ago on . Most recent reply

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104
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Vincent Plant
  • West Chester , PA
19
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104
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How many mortgages are too many??

Vincent Plant
  • West Chester , PA
Posted

So, I’ve acquired 4 rentals over the last 2 years. Including my primary residence I now hold 5 mortgages. How many is too many? I want to grow exponentially but I’m hesitant to keep buying with 20% down conventional loans (which is what all of my properties were bought with).

What say you?

Most Popular Reply

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Theresa Harris
#3 Managing Your Property Contributor
11,168
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Theresa Harris
#3 Managing Your Property Contributor
Replied

@Vincent Plant  It isn't the number you should worry about as much as the amount of the mortgages.  

  • Theresa Harris
  • Loading replies...