Limit of number of mortgages?

[Account Closed]

I get the concept of finding rental property, getting a mortgage, and renting it out obtaining positive cash flow while soaking up the equity. However, is there a limit to the number of mortgages one can receive? Will lenders start to decline my request for a mortgage due to me already having too many on my credit? If the answer is yes, then how do I overcome this hurdle to create a snowball effect (keep obtaining financing over and over for renting out more properties)?

[Wayne Brooks]

I am guessing the OP's question revolves more around actually qualifying, from a DTI perspective, for more loans. Income from the rentals can be counted, usually 75%, after 2 years of them being on your tax return. To be clear, a Portfolio loan is a loan made by an institution which they keep in house, and don't sell off to the conventional secondary market. It is Not typically a blanket loan on multiple properties. Also to be clear, the 10 "mortgages" limit for obtaining a conventional loan is 10 Properties mortgaged, not 10 mortgages, so a blanket loan for multiple properties doesn't help in that respect.