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Updated almost 4 years ago on . Most recent reply

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Ali Hamdani
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Should I invest in another property?

Ali Hamdani
Posted

Hey, 

After a couple of months I finally got into a new construction house in Austin,TX. This house is beautiful and I look forward to living in it. The problem is the house costs a lot (56% Debt ratio),primary residence, and is projected to complete in febuary. I have a huge safety net and I want ot invest in some real estate. In the meanwhile I am interested in purchasing another brrrr property in either San antonio or Houston. My concern is whether buying an investment like this would disqualify me for the primary residence or push me too over the debt to income ratio.

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