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 over 5 years ago on . Most recent reply

User Stats

9
Posts
3
Votes
Ashley Sivils
  • Real Estate Agent
  • Kansas City, MO
3
Votes |
9
Posts

Help Getting a Loan for 1st Rental Property

Ashley Sivils
  • Real Estate Agent
  • Kansas City, MO
Posted

Hello all! I am trying to figure out creative ways to get a loan to pay for my first rental property. I am paying rent ($1025) a month and want to purchase the rental (90k) in my hometown which is about 2 1/2 hours from where I live. As of right now my DTI is over by around 200 dollars so it's looking like a conventional loan won't work out. What are my other options???

Loading replies...