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Updated about 1 month ago on . Most recent reply

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Eli Kim
5
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23
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Maxed DTI. How should I get more properties?

Eli Kim
Posted

Hey guys, 

So I currently have 3 properties and I want to purchase another one but the issue is I've maxed out DTI. What other methods should I use to acquire another property? I've been thinking DSCR but don't they typically have higher down payments and closing costs? I was also thinking of looking for seller finance deals. What are you guys thoughts for my best course of action?

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6
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Kyle Allbright
  • Real Estate Agent
  • Fort Worth, TX
4
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6
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Kyle Allbright
  • Real Estate Agent
  • Fort Worth, TX
Replied
Quote from @Eli Kim:

Hey guys, 

So I currently have 3 properties and I want to purchase another one but the issue is I've maxed out DTI. What other methods should I use to acquire another property? I've been thinking DSCR but don't they typically have higher down payments and closing costs? I was also thinking of looking for seller finance deals. What are you guys thoughts for my best course of action?


We're in the exact same boat my friend. I'm currently getting under contract on a property for rent in Texas, our 4th, via DSCR.

Hoping it’ll be a successful move. 
P. S. I wouldn't worry about the higher dp because any investment property is going to require 20% down , like a DSCR

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