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Updated about 6 years ago,

Caden Bradbury's profile image
Caden Bradbury's profile image
Caden Bradbury
  • from Lehi, UT
  • Member since Dec 29, 2018
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7
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3
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Caden Bradbury's profile image
Caden Bradbury's profile image
Caden Bradbury
  • from Lehi, UT
  • Member since Dec 29, 2018
Connect
Caden Bradbury
  • Lehi, UT
3
Votes |
7
Posts
General Landlording & Rental Properties

How many mortgages is too many?

Caden Bradbury
  • Lehi, UT
Posted

So I’ve been reading books on buying several rentals all on mortgages as soon as you get another down payment. My question is when will the bank normally stop lending you money?

For example can I go out with 200,000 and buy 5 properties with 40,000 down or will they not give me that many mortgages?

Does spacing purchases out with time help?

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