**Not Accepted for Loans**: Lenders typically require a full appraisal, not just a BOV/BPO, when approving commercial mortgages or other loans secured by the property[4].3.

Evaluate your savings, income, and outgoings; moreover, educate yourself about mortgage alternatives and programs that help with a down payment.

There are safe financing choices for real estate ventures, including seller financing, hard money loans, private loans, government-backed loans, crowdfunding platforms, and traditional mortgages.

Our current mortgage is 314k and we believe the house would appraise for 440k.We would to acquire another property  (or more!)

There are multiple VA assumable loans available here (where you can assume a low interest rate mortgage in the 3's or even lower) assuming you can qualify.

But for some reason I’m still not fully clear on how to personally own or have more the 8-10 mortgages for rentals.

(Max vacated rents - your monthly mortgage payment) = +/- net cashflow.

Hello,I recently took out a 2nd mortgage on a rental property and I am unsure of how to record the set up the journal entry in my accounting.

Man, online it says they are $15 a month. 

See if your state has an online calculator at this site:http://www.anytimeestimate.com/PA_HOME_BUYER/pa-re...