diff --git a/main.go b/main.go
index 2ed5875..3899cbe 100644
--- a/main.go
+++ b/main.go
@@ -109,6 +109,7 @@ func NewApp() *cli.App {
 				},
 			},
 			Action: action(func(db *dbmate.DB, c *cli.Context) error {
+				db.TargetVersion = c.Args().First()
 				db.Verbose = c.Bool("verbose")
 				return db.CreateAndMigrate()
 			}),
@@ -129,7 +130,7 @@ func NewApp() *cli.App {
 		},
 		{
 			Name:  "migrate",
-			Usage: "Migrate to the latest version",
+			Usage: "Migrate to the specified or latest version",
 			Flags: []cli.Flag{
 				&cli.BoolFlag{
 					Name:    "verbose",
@@ -139,6 +140,7 @@ func NewApp() *cli.App {
 				},
 			},
 			Action: action(func(db *dbmate.DB, c *cli.Context) error {
+				db.TargetVersion = c.Args().First()
 				db.Verbose = c.Bool("verbose")
 				return db.Migrate()
 			}),
@@ -154,8 +156,16 @@ func NewApp() *cli.App {
 					EnvVars: []string{"DBMATE_VERBOSE"},
 					Usage:   "print the result of each statement execution",
 				},
+				&cli.IntFlag{
+					Name:    "limit",
+					Aliases: []string{"l"},
+					Usage:   "Limits the amount of rollbacks (defaults to 1 if no target version is specified)",
+					Value:   -1,
+				},
 			},
 			Action: action(func(db *dbmate.DB, c *cli.Context) error {
+				db.TargetVersion = c.Args().First()
+				db.Limit = c.Int("limit")
 				db.Verbose = c.Bool("verbose")
 				return db.Rollback()
 			}),
diff --git a/pkg/dbmate/db.go b/pkg/dbmate/db.go
index f64dd88..8240207 100644
--- a/pkg/dbmate/db.go
+++ b/pkg/dbmate/db.go
@@ -41,6 +41,8 @@ type DB struct {
 	WaitBefore          bool
 	WaitInterval        time.Duration
 	WaitTimeout         time.Duration
+	Limit               int
+	TargetVersion       string
 	Log                 io.Writer
 }
 
@@ -64,6 +66,8 @@ func New(databaseURL *url.URL) *DB {
 		WaitBefore:          false,
 		WaitInterval:        DefaultWaitInterval,
 		WaitTimeout:         DefaultWaitTimeout,
+		Limit:               -1,
+		TargetVersion:       "",
 		Log:                 os.Stdout,
 	}
 }
@@ -336,14 +340,14 @@ func (db *DB) migrate(drv Driver) error {
 	}
 	defer dbutil.MustClose(sqlDB)
 
-	applied, err := drv.SelectMigrations(sqlDB, -1)
+	applied, err := drv.SelectMigrations(sqlDB, db.Limit)
 	if err != nil {
 		return err
 	}
 
 	for _, filename := range files {
 		ver := migrationVersion(filename)
-		if ok := applied[ver]; ok {
+		if ok := applied[ver]; ok && ver != db.TargetVersion {
 			// migration already applied
 			continue
 		}
@@ -379,6 +383,11 @@ func (db *DB) migrate(drv Driver) error {
 		if err != nil {
 			return err
 		}
+
+		if ver == db.TargetVersion {
+			fmt.Fprintf(db.Log, "Reached target version %s\n", ver)
+			break
+		}
 	}
 
 	// automatically update schema file, silence errors
@@ -469,55 +478,83 @@ func (db *DB) Rollback() error {
 	}
 	defer dbutil.MustClose(sqlDB)
 
-	applied, err := drv.SelectMigrations(sqlDB, 1)
+	limit := db.Limit
+	// default limit is -1, if we don't specify a version it should only rollback one version, not all
+	if limit <= 0 && db.TargetVersion == "" {
+		limit = 1
+	}
+
+	applied, err := drv.SelectMigrations(sqlDB, limit)
 	if err != nil {
 		return err
 	}
 
-	// grab most recent applied migration (applied has len=1)
-	latest := ""
-	for ver := range applied {
-		latest = ver
-	}
-	if latest == "" {
-		return fmt.Errorf("can't rollback: no migrations have been applied")
+	if len(applied) == 0 {
+		return fmt.Errorf("can't rollback, no migrations found")
 	}
 
-	filename, err := findMigrationFile(db.MigrationsDir, latest)
-	if err != nil {
-		return err
+	var versions []string
+	for v := range applied {
+		versions = append(versions, v)
 	}
 
-	fmt.Fprintf(db.Log, "Rolling back: %s\n", filename)
+	// new → old
+	sort.Sort(sort.Reverse(sort.StringSlice(versions)))
 
-	_, down, err := parseMigration(filepath.Join(db.MigrationsDir, filename))
-	if err != nil {
-		return err
+	if db.TargetVersion != "" {
+		cache := map[string]bool{}
+		found := false
+
+		// latest version comes first, so take every version until the version matches
+		for _, ver := range versions {
+			if ver == db.TargetVersion {
+				found = true
+				break
+			}
+			cache[ver] = true
+		}
+		if !found {
+			return fmt.Errorf("target version not found")
+		}
+		applied = cache
 	}
 
-	execMigration := func(tx dbutil.Transaction) error {
-		// rollback migration
-		result, err := tx.Exec(down.Contents)
+	for version := range applied {
+		filename, err := findMigrationFile(db.MigrationsDir, version)
 		if err != nil {
 			return err
-		} else if db.Verbose {
-			db.printVerbose(result)
 		}
 
-		// remove migration record
-		return drv.DeleteMigration(tx, latest)
-	}
+		fmt.Fprintf(db.Log, "Rolling back: %s\n", filename)
+		_, down, err := parseMigration(filepath.Join(db.MigrationsDir, filename))
+		if err != nil {
+			return err
+		}
 
-	if down.Options.Transaction() {
-		// begin transaction
-		err = doTransaction(sqlDB, execMigration)
-	} else {
-		// run outside of transaction
-		err = execMigration(sqlDB)
-	}
+		execMigration := func(tx dbutil.Transaction) error {
+			// rollback migration
+			result, err := tx.Exec(down.Contents)
+			if err != nil {
+				return err
+			} else if db.Verbose {
+				db.printVerbose(result)
+			}
 
-	if err != nil {
-		return err
+			// remove migration record
+			return drv.DeleteMigration(tx, version)
+		}
+
+		if down.Options.Transaction() {
+			// begin transaction
+			err = doTransaction(sqlDB, execMigration)
+		} else {
+			// run outside of transaction
+			err = execMigration(sqlDB)
+		}
+
+		if err != nil {
+			return err
+		}
 	}
 
 	// automatically update schema file, silence errors
@@ -582,7 +619,7 @@ func (db *DB) CheckMigrationsStatus(drv Driver) ([]StatusResult, error) {
 	}
 	defer dbutil.MustClose(sqlDB)
 
-	applied, err := drv.SelectMigrations(sqlDB, -1)
+	applied, err := drv.SelectMigrations(sqlDB, db.Limit)
 	if err != nil {
 		return nil, err
 	}