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Updated over 9 years ago,
How to get a loan with no dti?
Hi. Even though I am not new into the real estate business I am having trouble to get financing for an investment property I own free and clear for which I want to do a cash out refinance in order to buy more properties. Keep in mind my debt to income ratio is pretty much at its limit due to my primary home and the income declare on my taxes as self-employed and the investment property I own is under a Trust.
I will appreciate any advise on how would I be able to get a loan without necessary going to a hard money lender who will charge me an arm and a leg on interest.
Thanks in advance for your comments and help.
- Miguel Maria