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Updated almost 6 years ago on . Most recent reply

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Johnny Jean-Pierre
  • Rental Property Investor
  • Miami, FL
0
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1
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Debt to income ratio

Johnny Jean-Pierre
  • Rental Property Investor
  • Miami, FL
Posted

I have done two BRRRR's this year so far!!! Both rentals cover the mortgages and leave about $500 in cash flow. The problem now when applying for any other loan my debt to income is too high. I have not filed with these two additional rentals on my taxes just yet. So they will not increase my income on paper as of now. What is some advice around this as I am looking to continue the momentum this year?

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