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 over 11 years ago on . Most recent reply

User Stats

114
Posts
14
Votes
Paul Zofsak
  • Investor
  • Cypress, TX
14
Votes |
114
Posts

debt to income ratio help

Paul Zofsak
  • Investor
  • Cypress, TX
Posted

I was recently turned down for a conventional loan because I was told my DTI was too high; everything else looked great except that. I have one property so far and it is turning a profit, the only other debt I have is the mortgage on my personal home and some student loans I cosigned on for my wife. With the rental property figured in I am at 48% and without it I am at 35%. Is there any other way to go about this or maybe look into something else all together? I have started an LLC for the real estate investing, but am tied to the loan personally. There has to be something I am overlooking...

  • Paul Zofsak
  • Loading replies...