Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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.
Private Lending & Conventional Mortgage Advice
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 almost 9 years ago,

User Stats

24
Posts
5
Votes
Xu Som
  • Saint Paul, MN
5
Votes |
24
Posts

Refinance a house

Xu Som
  • Saint Paul, MN
Posted

Hello BP,

I recently bought a house for the family and have another house up for rent.  The other house is a relative I know and they gave me permission to do what I want with the house since they moved out.  So it's currently under rent. My question is that I tried to refinance the house to get it under my name, but was denied because my debt to ratio would be too great due to the purchase of the new house that's under my name.  Are there other ways to go around this?  I'm still quite new to the RE investing world so any advise would be helpful, thanks!

Thanks!

Loading replies...