How many mortgages can you have?

[Remo F.]

What's the maximum amount of mortgages a person can have?

[J W.]

I have discovered that this depends on a large number of factors. Most importantly, your lender and their policies. I am treated differently depending on which lending institution I am in at the moment. I also found that these rules change over time. The longer you have been a landlord and have obtained rents, the more willing a lending institution can be to count your rents as part of your income to determine lending limits. At one of the Credit Unions I use I thought I had hit their limit, then 6 months later I found they were open to doing 3 more mortgages. Of course private lending will be wide open to whatever they will do.