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Updated over 7 years ago,
Help with REI business plan
Hi, I need help with my REI business plan. So here is what I have so far.
I understand debt to income needs to be 45%, so when filling my business taxes I wont write off as many deductions as last year to increase my debt to credit income, I also have a full time job in health care so my w2 reflect positive income also.
Also I am looking to obtain mortgages on at least 6 homes next year between my spouse and I so do i need to take into account that rental income with lease agreement should account to helping my debt to credit income?