Mortgages while BRRRRing

[Rick Turman]

I'm going to turn to my BP family for this one....  This question has been bothering me and i'm in need to ask it before i get stuck in this analysis paralysis mode again on Rentals.  

We are looking to put our first offer in on a Multifamily and have already done most of the foot work to see if we can get our Refi.  My question to you all is we don't own a home as of yet and are looking to purchase for our own maybe 2 years down the road.  Does BRRRRing put a damper on lenders providing multiple mortgages?  

Let me scale this down. I want to have at least 4 BRRRR's completed within these two years. That means 4 conventional mortgages out at once. Once this two years are up, we are looking to settle in a house of our own, you know doing the whole 20% or more down and live in it. Will we have a problem getting financing on a 5th house?

How does the debt to income ratio work? Say the first 4 homes are cash-flowing 200+ per unit with a 12-20% COC-ROI, do the banks see this as a red flag that so many mortgages are outstanding or due to the loans being paid down, and the properties are bringing in Cash, and I have a full time job, it shouldn't be an issue? Sorry for the 21 questions. Need to push past this barrier and jump!

All the best,

-Rick