Future Investor- Financing Question (Refi)

[Nicholas Duffus]

Hello once again BP community, I hope you’re all well. After listening to The Book On Rental Property Investing, a question regarding financing came to mind. I have a good grasp on financing and the types of financing but Brandon brought up a point regarding the limit of homes that can be financed. 

My question: Given that you can only finance 10 properties with a traditional mortgage, does this include refinanced properties? I assume it does as you are getting a traditional mortgage and dealing with your traditional lenders. If so, how do you continue to refinance after the 10 property limit to continue BRRRRing? 

Thank you in advanced, I will be sure to reply back to any responses. 

Nick

[Ryan Howell]

@Nicholas Duffus - You simply use non-conventional loans, such as commercial loans or DSCR loans that lend based on the cash flow of the property and not your personal DTI. You'll pay a bit higher interest rate, but the loan process is also simpler.