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Updated almost 4 years ago on . Most recent reply

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23
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Brian M.
5
Votes |
23
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Debt To Income Limitations

Brian M.
Posted

My question is on debt to income ratio and how that metric limits your ability to obtain additional mortgages in order to expand your MF residential real estate portfolio.

When I purchase my first MF residential property, with the intent of holding onto to it for the long term, it will be difficult to get approved for another mortgage as I will be close to my debt to income ratio limit.

Are there strategies or suggestions on how to best navigate the debt to income ratio limits for a buy and hold strategy investor?

Thanks

Most Popular Reply

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3,757
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Kenneth Garrett
  • Investor
  • Florida Panhandle/Illinois
3,109
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3,757
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Kenneth Garrett
  • Investor
  • Florida Panhandle/Illinois
Replied

@Aaron Hanson

I had attended a training they had put on and built a relationship with him. The arrangement was I would secure the funding on the BRRRR project and he bought the property with a private lender and completed the rehab. I then bought him out the following year. We both made money on the deal.

  • Kenneth Garrett
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