Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 4 months ago on . Most recent reply

User Stats

3
Posts
0
Votes
Alexis Moody
  • New to Real Estate
  • Oklahoma/Missouri
0
Votes |
3
Posts

Mortgage financing and Debt to income ratio

Alexis Moody
  • New to Real Estate
  • Oklahoma/Missouri
Posted

Help! I am needing clarification on a mortgage financing question and DTI. I am just starting out in the real estate investing world and have been listening to podcasts. I am wanting to own single family homes for long term rentals. I have a 5 year goal to own and rent 5 single family homes and hopefully surpass my 5 year goal. So my question is how am I able to finance a house and actually have a lender approve me? what about my Debt to income ratio? How do I buy 1 house a year and keep investing? Like where would I get the money to keep buying houses? I know this is a tough and confusing question, but hopefully someone can answer it for me. Thanks!!

Loading replies...