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Updated over 5 years ago on . Most recent reply

User Stats

72
Posts
9
Votes
Lawrence Paul
  • Rental Property Investor
  • Montgomery County
9
Votes |
72
Posts

Ten properties in 1 year...how is this possible!?

Lawrence Paul
  • Rental Property Investor
  • Montgomery County
Posted

I keep seeing these life changing one year turn arounds in peoples lives.

My main question is how do people buy 10 properties in one year considering the DTI Ratio?

I am personally making 65k-70k/yr at my W2 job and can only afford 1-2 rentals per year due to DTI Ratio, not liquid funds.

My rentals are currently not inside of any LLC, but I have a large umbrella policy.

What am I missing?

Most Popular Reply

User Stats

9,822
Posts
15,766
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JD Martin
  • Rock Star Extraordinaire
  • Northeast, TN
15,766
Votes |
9,822
Posts
JD Martin
  • Rock Star Extraordinaire
  • Northeast, TN
ModeratorReplied

Partnerships; leverage; scale (4 plex, etc); private money; lies. 

business profile image
Skyline Properties

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