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Updated almost 9 years ago,

Derrick Wilson's profile image
Derrick Wilson's profile image
Derrick Wilson
  • Investor
  • from Bronx, New York
  • Member since Jul 25, 2014
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User Stats

66
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25
Votes
Derrick Wilson's profile image
Derrick Wilson's profile image
Derrick Wilson
  • Investor
  • from Bronx, New York
  • Member since Jul 25, 2014
Connect
Derrick Wilson
  • Investor
  • Bronx, NY
25
Votes |
66
Posts
Buying & Selling Real Estate

Can someone answer this BRRR question I have.

Derrick Wilson
  • Investor
  • Bronx, NY
Posted

If I took a personal loan out to buy a property using the BRRR strategy, when it was time to refinance would the bank add or count the personal loan towards my DTI? Or would I have to explain them that the cash out refi was to pay off that loan which was used to purchase the property.

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