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Buy one with no mortgage or 2

So i have 200k inheritance coming my way. Is it better to buy 1 condo all cash or 2 houses with a mortgage? Can I even have 2 mortgages at the same time?? by jamuir773 from Chino Hills, California. Oct 17th 2019 Reply


Dan Paladin (dpaladin)
#356 ranked lender in California - 792 contributions

Hi, Much more info would be needed to see what meets your objective. Cash...no need to qualify. With financing question becomes what can you qualify for. In the example of two houses...one would be a primary if you do not own one now and one an investment property. Or both could be an investment property. Yes, you can have two mortgages. Please contact me for a no obligation consultation to see what you can do. 562.354.7300.

Oct 18th 2019
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