Mortgage questions

[Andrew Galeano]

Hey everyone, Currently looking to do my first investment property. Speaking to some co workers they are informing me that my biggest hurdle would be receiving a loan. Not necessarily a loan for my first property, but once I start getting a few under my belt. Basically, one of them told me that he is unable to receive another loan for a 4th investment property that he has. Although all his properties are cash flowing he states that the lenders consider him "High Risk" so he must come up with around 40% of a down payment instead of 20%. Can someone run me through this process briefly, I know its alot and if you have any articles or books to recommend to me about mortgages loans on properties and dealing with the banks or other lenders that would be much appreciated! Goodluck to everyone on the hunt for deals this week!!