Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Land & New Construction
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 7 years ago,

User Stats

42
Posts
6
Votes
Mike S.
  • Cambridge, MA
6
Votes |
42
Posts

f/t landlords how do you improve your DTI?

Mike S.
  • Cambridge, MA
Posted
2 condos and 1 multi in Class A neighborhood have over doubled/tripled in value since purchased 5-10 years ago. In terms of purchase price plus update costs they get over double the cap rate of today in the area. Every few years I tap off them doing a refinance cash out. And now since I'm not looking to grow wealth but to cash flow I'm planning to use the cashout money to buy something that cash flows even more by moving to a class B or Class C. Rental income is 90% of my total yearly income which is great but since I carry so much debt from mortgages it's tough to get loans. My plan is to take what ever I can get from my refinance cash out and buy a multi in a class B or C with all cash. Im curious if any other f/t investors have used this method for improving their DTI?