Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 9 years ago,

User Stats

48
Posts
9
Votes
Andy Tomaswick
  • Hudson, OH
9
Votes |
48
Posts

Planning for Financing

Andy Tomaswick
  • Hudson, OH
Posted

Hi all,

I'm taking the first steps of setting out the goals I want to achieve in the next 5-10 years and I am running into a question I'm not yet sure how to answer.

Let's say I want to buy 12 properties in a year. Using something like the BRRR strategy will work in terms of keeping the original investment coming back. However, there is a limit to how many standard mortgages a person can have at a time.

So when calculating what I can reasonably expect to do in a year should I include the paying off mortgages so that I'm only carrying a reasonable amount? (4 say?) or should I plan on being able to get financing some other way - maybe a different bank or private lender? 

Any thoughts are appreciated.  Thanks in advance!

Loading replies...