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Updated almost 9 years ago,

User Stats

71
Posts
11
Votes
Joseph Duenas
  • Rental Property Investor
  • Agana, Guam
11
Votes |
71
Posts

How Many Mortgages Will the Bank Loan Me for Real Estate Rental?

Joseph Duenas
  • Rental Property Investor
  • Agana, Guam
Posted

Hello all. I'm hoping to get some good financing advice on how much and how many mortgages the banks will provide me.  I've been told that I can get four Freddie Mac loans at low interest rates. After this, I'm assuming that I would have to get a portfolio or commercial loan from the bank on additional properties. 

Question 1: How many conventional (Freddie)  loans will the bank give me for rental properties?  

Question 2: Do they have they have a cap. 

Question 3: If Freddie Mac Loans are loans with the lowest interest rates, should I start by maxing these out (e.g. four). 

Question 4: How much will the bank loan me? Do they have a loan cap? How do they determine this? 

Thanks folks. I've been  investing for over ten years, and wanted to finance more buy and holds. 

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