mortgage credit - Posted by Hugh

Posted by John Behle on April 11, 2000 at 20:03:54:

Yes you can buy “too many” houses as far as a bank is concerned. They look at your exposure and liabilities. It depends a lot on whether you are personally signed on a loan. In the case of a partnership, you may be liable or you may not.

I doubt with the few properties you have mentioned that your financing abilities are hindered in any way. One way to check would be to get a copy of your credit report and see what shows up.

mortgage credit - Posted by Hugh

Posted by Hugh on April 11, 2000 at 15:46:52:

How does one go about using their credit longer than the banks allow? Can someone buy too many houses? I have great credit, but I have bought into a partnership with 4 houses and then I also puchased a house some time later. When will the banks say that is enough?