How many mortgages can you have?
How many mortgages can you have?
How many rental properties or real estate properties can you own?
Well, technically you can own as many as you want but the bigger question is how many mortgages can you have? if you're using a Fannie Mae or Freddie Mac conventional mortgage on the homes that you're purchasing the most Fannie Freddie loans that you can have at one time is 10. So, once you get up to 10 properties usually one of those will be your primary residence, and nine other investment properties you can no longer get a conventional mortgage there's other types of financing that you might possibly want to explore or you also might want to start exploring doing a debt snowball and paying the cheapest ones off but just keep in mind the max number of mortgages you can have out at a time is 10.
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