Creative Real Estate Financing with no money down on deal

[Eric Greenwood]

Hi to all BP member out there this my first post on BP, So i am wondering is any lender out there do any unlimited mortgage finances on deals if you did have the down payment on the deal. Two all that will reply will be appreciation.

Thanks

[Andrew Postell]

@Eric Greenwood do you mean an unlimited number of mortgages?  If that is what you meant then here's the scoop:  Conventional lending will limit you to 10 mortgages in your personal name.  You can certainly have 10 in your name and 10 in your spouses name.  A portfolio loan is a different loan type that is governed by the bank and not subject to conventional lending rules.  Porfolio loans allow you to get more than 10 mortgages.  Is this the type of information you were looking for?