Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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.
General Real Estate Investing
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 over 3 years ago on .

User Stats

25
Posts
9
Votes
Kerry Pangan
  • Rental Property Investor
  • Grand Rapids, MI
9
Votes |
25
Posts

DTI factors to look for when purchasing a duplex.

Kerry Pangan
  • Rental Property Investor
  • Grand Rapids, MI
Posted

I'm looking to purchase a duplex hopefully in the coming months. I've looked at my first property a couple weeks back and I really did like it. Unfortunately closing cost was higher than expected but my lender mentioned how it wouldn't have worked considering the property had really high property taxes and I guess would increase my DTI. I didn't know that would effect my DTI. What are other DTI factors should I look out when purchasing to satisfy lenders approval? I'm fairly new to all the terms. But as I looked at properties even though I wasn't close to closing on any of them I am learning as I go.