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Updated about 3 years ago on . Most recent reply

User Stats

51
Posts
30
Votes
Esther Tama
  • Rental Property Investor
  • Chino, CA
30
Votes |
51
Posts

Idea on financing 2nd property

Esther Tama
  • Rental Property Investor
  • Chino, CA
Posted

New OOS investor in Muncie, IN. Closing on 1st home for a long-term rental. How soon can I use the rental income to count towards my DTI and finance another home? I have enough for a down payment, but thinking my DTI is too high with my recent purchase. Any other creative financing options the bigger pockets community have tried to finance 2nd, 3rd or 4th home? Ideas welcome!

Most Popular Reply

User Stats

991
Posts
471
Votes
Timothy Hero
  • Lender
  • United States
471
Votes |
991
Posts
Timothy Hero
  • Lender
  • United States
Replied

Non-qm/DSCR lenders don't require DTI, employment, or taxes.

  • Timothy Hero
  • [email protected]
  • Loading replies...