Obtaining multiple mortgages in 2021

[Account Closed]

In 2021 we would like to obtain a handful of $450-850k SFH or Townhomes for buy and hold rentals.

What problems might we encounter when using conventional/ traditional financing more than one property at a time and what type of mortgage rates should I be anticipating? All the financing will be done in using my spouses income, $300k, and just in his name. We own our primary residence without a mortgage and will be doing a cash out refinance on it in January as soon as we get our taxes completed.

Assuming we have 20% cash down on each property what hurdles can we expect to have? Can this even be accomplished? :) any tips would be greatly appreciated.

(These houses are all new construction and would be built in 10 months in resort towns where the markets are exploding. I know this is lazy investing but it’s simple and right in front of my face! I currently have rentals in these markets.)

For example:

Duplex $833k $166k down

SFR $743k $149k down

SFR $650k $130k down

Townhome $575k $115k down

Townhome $575k $115k down

Townhome $475k $95k down

Townhome $475k $95k down

TIA! - Sorry for the financing ignorance! We have been self emp for the last decade + and have never qualified for traditional financing; had to seller finance before I even knew what RE investing was hah ;)