About conventional mortgage?

[Marcelo Reyes]

I have a question can I get 3 duplexes with a conventional mortgage?

[Stephanie Medellin]

Originally posted by @Amit P.:

If they are already rented, you can count the rental income to help you qualify for the loans.  I'd recommend you stagger the closes a little in case you need to fill vacancies to help your case.  I'm actually closing on 4 duplexes with conventional loans over next 45 days.

 Staggering the closings will cause more of an issue for you.  It is much better to get all 3 loans from the same lender and close at the same time.  If you own one or more buildings at the time of closing, they may want to see leases for those to count the rental income on the last purchase, whereas you can use the rental survey from the appraisal and count 75% of the estimated rent if they all close at the same time.