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Updated over 6 years ago on . Most recent reply

Account Closed
  • Real Estate Agent
  • Richmond, VA
34
Votes |
104
Posts

How to finance a deal when you have too much student loan debt?

Account Closed
  • Real Estate Agent
  • Richmond, VA
Posted

I recently sold my first house (a live-in-flip) and netted a nice profit. I purchased a new house and used some of the proceeds from the sale of my house for a down payment leaving me with about $40,000 to put toward my next investment. My problem is that my debt to income ratio is high due to triple digit student loan debt. How do I finance my next deal? Is seller financing my only option? 

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