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Updated almost 13 years ago,
Help with a long-term financing strategy? 4 properties
Hey there,
So my goal is to buy 4 cash flow positive investment properties over the next 4 years. 1 each year.
My first 1 will be a conventional loan, 20% down on a 100k property.
Plan is to save up for a second 20k downpayment over the rest of the year, for a second investment property. Rinse, wash, repeat.
My question is, are there any rules/restrictions that lenders have when financing your 2nd, 3rd, and 4th investment property? LTV guidelines I should know?
I'm not too worried about debt to income ratio, as these properties will be paying for themselves.
Thanks in advance,