How many mortgages can you have?

[Asher Anthes]

I've heard 4 and 10?

What I'm thinking about doing is buying a house once a year moving every time, so essentially I would have 4 OO financed rental properties. Each time cash out refi-ing up to 80 or 90% and using the money for cash flips or cash buy and holds. Is the mortgage limit 4, or could I theoretically just keep doing this over and over.

[David Krulac]

Asher Anthes

Some banks 4 some banks 10. A couple strategies that can increase that number. If married, spouse can get 10. And some banks, typically brick & mortar, as well as credit unions will do "portfolio" mortgages where they don't sell to Fannie and Freddie. The limit is set by the individual lender.

Then there are "commercial" mortgages not governed by Fannie & Freddie rules.

And then there are seller financing and private lenders.

So virtually no limits.