MORTGAGE ADVICE
How Can Owners Finance So Many Properties at Once?
You may already know someone like this. Someone who owns and finances several rentals, all at the same time. I mean, they must make a lot of money, right? If someone owns 10 rental units, that’s 10 mortgages. Plus, taxes and insurance. So how do they pull it off? It has a lot to do with rental income.
Yes, real estate investors rely on rental income to not only cover the costs
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David Reed
Writer
David Reed is a multi-published author and mortgage expert. As a Senior Loan Officer and Mortgage Executive he closed more than 2,000 mortgage loans over the course of more than 20 years in commercial and residential mortgage lending.
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