Go for it. As many as you can handle. Cash purchaser. Loan Companies will look at your P & L .
You must tell the truth about your purchase intentions if borrowing money but otherwise this is a great time to purchase. Foreclosures and HUD owned properties are in better shape than ever because unfortunately for the folks losing them, there are people loosing their homes that normally would not be loosing them are they are better taken care of.
You may purchase and rent as many as you like. My Team assist Investors such as yourself. If you need additional informaion, or available homes you may reach me directly.
Mattye P. Smith
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Lynn A. Crosby ~ National Featured Realtor
"...Specializing in Residential, Commercial Properties and Loans..."
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Dallas Loan Officer - Homewise Lending
Dallas Real Estate Office: (972) 699-9111
Dallas Real Estate Website: http://www.lynn911.com 60,000 listings Dallas homes for sale
I had a client that has 6 not including their personal home.