While a reverse mortgage could certainly be an option one day, my mom is only 53 so I think with the equity in this home we have an opportunity to build her a portfolio, just trying to figure out the best way to go about it.

I would think this would cover anything related to business, which if you're going to build a real estate portfolio would be very helpful, especially if/when you incorporate.  

Experienced investors for a newbie looking to have a passive income portfolio.

I plan to reinvest my profits to compound my earnings and expand my portfolio to multiple properties within three years, or earlier if the opportunity presents itself. 

That could lead to huge costs for you & your portfolio.

I want to start to get some rentals together in the meantime and grow a portfolio that will alow me to begin a new phase of my life.

The guest @Shaun Reilly has a good portfolio of condo units, and talk a little about it jn the show.

My two cents are as follows...we were tasked by Progress Residential to source and acquire homes for their portfolio in Atlanta but initially they did not want us to manage their homes for the reason mentioned...potential conflict of interest...after about 6 months using other managers with poor results, they came to us and asked us to manage given the fact that they were so pleased with the way we professionally approached the acquisition process. 

A portfolio lender may be a little more lenient but they will also consider your score.

The conventional loan limit, Fannie Mae/Freddie mac is 10 mortgages properties, after that you’ll need an in house portfolio loan or commercial loan.