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A couple of questions:

Is it possible to get a mortgage on multiple homes? Ie: one mortgage, 2 properties. One with house, one land or land with trailer.

How soon after getting a mortgage is it possible to get another for investment type property?

Is it smarter to buy the investment type property first, and then a personal home? or the other way around?

In referencing my earlier post about purchasing my parents property, what if I purchase the home for more than my parents payoff, then use the remaining money to purchase a property for my dad or mom to live in. Assuming the appraisal value on the house is high enough for the total loan amount. This will give me one payment amount, and my dad or mom would pay me rent for their home, and not have to deal with maintenance issues etc. I would be able to use the property as a rental, or sell when they no longer need it. (sorry but it's an eventuality, so might as well plan for it.)

These questions are not inclusive. (meaning it's a matter of doing one thing or the other, not all three at once.

Lady Ianna's brain is working overtime to figure the best options available.

(I am now looking at 5/1 arm's to allow me to increase equity faster with extra payments, or have extra funds to make repairs.)
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