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Updated over 1 year ago on . Most recent reply
![Jillian S Young's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2737162/1694609723-avatar-jillians33.jpg?twic=v1/output=image/cover=128x128&v=2)
Newbie seeking guidance
Good day all, straight to the chase . I am new to the investing market and looking towards buying and holding . I would like to purchase 2-3 homes over the course of the next 6 months. I’ve been preapproved for 900,000 however I don’t understand if I’m able to purchase more than one home with this preapprved amount. How are other investors purchasing multiple properties through the year? Do I apply for financing with each deal? Or in. This case where I’m approved for the above amount can it be used to make multiple home purchases like a blanket mortgage?
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Quote from @Aj Parikh:
Hi Jillian, I am a huge fan of out of state investing and Long Distance Real Estate Investing was one of the first books I read before I built my portfolio in Cleveland. One of the strategies I used was working with a couple of turnkey companies and getting started in a mid-west market. I would love to connect and help out so feel free to reach out.
Cleveland is mad dope yo.