How many mortgages can a person get?

[Emily T.]

I would like to purchase 2 single family homes and a small multi-family in about a 2 year period. I would like to have as small a down payment as possible (who wouldn't?).

One house this year, and the other 2 in 2016 when I can use this year on my tax return which will allow me to borrow much more.

Am I going to run into issues with lenders with getting multiple mortgages? Any strategy to getting multiple mortgages with small down payments?

I am willing to live in the multi-family for a year if I can get an fha or other loan rather than a business loan which I know has a higher interest rate..

Thank you.