Financing & LoansQuestion 22
How Many Rental Properties Can I Finance at Once?
Fannie Mae allows up to 10 conventional mortgages per borrower. Beyond that, DSCR loans, portfolio loans, and commercial financing have no set limit.
Financing limits depend on the loan type. Here's how Houston investors scale past each ceiling.
- Fannie Mae limit: 10 financed properties per borrower. Properties 5–10 require 25% down and 720+ credit.
- DSCR loans: No portfolio limit. Each property is underwritten individually based on its own cash flow.
- Portfolio loans: Local Houston banks may finance multiple properties under one relationship. Terms are negotiable.
- Commercial loans: Blanket mortgages can cover multiple properties under a single loan. Common for 5+ unit portfolios.
Bottom Line
Start with conventional loans for the best rates (properties 1–4), then transition to DSCR loans as you scale your Houston portfolio beyond the Fannie Mae limit. There's no hard cap on how many properties you can own.