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Updated over 11 years ago,
Maxium number of properties (RMF)?
Hello,
Tried a search, please forgive me if this has come up before.
Running the numbers for my 10 year plan... At a rate of 20% down on each ($50k or less MF properties), reinvesting every cash flow dollar earned, 4 years of hard saving to accelerate the start-up phase, I could achieve 245 MF properties. Surprisingly very doable mathematically speaking. Except...
Then it dawned on me... I have come across mentions of lender limits on the number of properties you can carry. Using conventional 30 yr fixed mortgages.
Is there a hard number limit? Can you max out one lender, go to another and build again? Or is this why investors eventually move into commercial (apts) as in Brandon's examples? Is there anyway around this, short of paying out 100%?
Thank you in advance for your time and sharing.
Sincerely,
Michael Spindler (KCMO)