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Updated over 10 years ago,
Using equity when you don't have 2 years landlord experience
I have a few properties that are leveraged and also some that are free and clear. I have been able to use my salary to control the DTI for the first few of them but now am reaching my limit without including income from the properties. I only have last year collecting rent to show on my tax returns.
I would like to continue purchasing using the equity in the free and clear. Any suggestions on doing this? Are there lenders that would accept one year experience? Any help is appreciated.