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Updated over 6 years ago,

User Stats

10
Posts
6
Votes
Travis Feldewerd
  • Flipper/Rehabber
  • Sauk Rapids, MN
6
Votes |
10
Posts

Paying multiple mortgages

Travis Feldewerd
  • Flipper/Rehabber
  • Sauk Rapids, MN
Posted

Hello everyone! I am 27 and am starting out my REI life. I am new to REI and I am trying to get all the questions answered that I can think of! I haven't had much luck searching Bigger Pockets for this specific question. How are fellow investors paying multiples mortgages on multiple properties; especially if they are financed through different institutions? If for example you have 5 properties, are you setting up auto payments on each loan every month and then dispersing rent checks to each bank as they come in? Any help would be appreciated!

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