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Updated almost 5 years ago,
Scaling Rental Property Portfolio
So I am relatively new to the rental property side of things. I completed my first BRRRR recently and used that money to put a 25% down payment on another property. They are both rented and both are positive cash flow. However my lender told me I am at 44% of my DTI and I was tapped out. I recently just finished a flip and a few larger remodels (we own a tile and flooring company) and have the money for another if not two properties. I am curious as to how people get around this, or do they just grind it out and wait to file taxes at a higher income the next year. Are they private lenders that waive the DTI as long as the down payment is able? If so, please recommend.