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Updated over 3 years ago on . Most recent reply

User Stats

3
Posts
1
Votes
Nick Hosmer
  • Investor
  • Watertown NY
1
Votes |
3
Posts

Struggling with debt to income ratio woth banks.

Nick Hosmer
  • Investor
  • Watertown NY
Posted

Hello everyone, I live in upstate NY with a very good rental market. I currently own 2 rental property’s, along with our home now. My rentals cash flow pays for all 3 mortgages with a couple hundred left over. I’m currently struggling to get another loan for more investment properties because of the debt to income ratio. I know this is a struggle for many investors, how do I go about getting around this with the banks? Are certain banks more leanent with real estate investors? Any advice would be appreciated.

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