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.
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 on . Most recent reply

User Stats

69
Posts
16
Votes
Chris Weaver
  • Rental Property Investor
  • North Conway, NH
16
Votes |
69
Posts

Low Income

Chris Weaver
  • Rental Property Investor
  • North Conway, NH
Posted

I have a steady but low income with a DTI of around 25%. I'm looking to buy a rental property but I'm not sure how to obtain financing. I have excellent credit with a down payment. Should I look for a property with rental history or would banks lend based on future rental income (with comps)? Not really sure if I should look for a house or financing first. Any advice is appreciated.

Loading replies...