All Forum Posts by: Christopher R.

@Andrew Postell So you can have 10 conventional mortgages for investment properties plus one conventional mortgage for your primary? Thanks for your response.

@Geren Knight III are you flipping this?

Ive been told by banks and mortgage lenders that you can have up to 10 conventional mortgages in your personal name as long long as your debt to income stays below 36 percent.

Does anyone have any experience with this?

Thank you

@Jim Wollen Thanks Jim, I'm still holding without an LLC, purchased commercial grade insurance and an umbrella policy. Seems most recommend the LLC and lots of insurance. I've read you can put your primary assets in a trust which can help some.

@Jon Kelly I’m interested in this contractor as well (3 years later) lol

@Cal Dunagan Cal, in addition to an LLC we plan on purchasing some additional insurance. I'll be sure to read the article. Thanks

@John Mocker John thanks for the detailed response. This helped to answer my question. Format is fine. Thanks again

@Casey J Burkhead Thanks for the quick reply. I will not be living in the unit. You cleared up my question! Thanks

First post on bigger pockets! I’m under contract on my first 3 family home and I’m exploring insurance options. I’m hoping someone (anyone) can shine some light on the differences between Homeowners, landlord, umbrella insurance. Do I need all 3? Any experience or thoughts are welcomed.

Thank You