How to get financing if DTI to low but liquid assets very heigh?!

[Chris K.]

If:

-Current joint primary Mortage with spouse 300 k

-Won’t qualify for conventional or investment loan because dti is too low (they ding you for entire primary mortgage plus taxes)

- liquid assets 600+

-current home equity 800k+

Looking to buy second home for short term rentals / investment around 300-450k

Besides HELOC what are best loan options and why?

[Jack BeVier]

Seasoning is a serious frustration. We designed our program with @Chris K. your issues in mind. 3 mos seasoning, 75% LTV cash out, LLC ownership, 30yr fixed rate and 30yr term, rates in the 4s (down to 3.75% with a buydown, actually). The loan amount is sized based on the value of the property and the rent. Your personal DTI is not a factor (don't even ask for tax returns). 680 min FICO, though. We own 762 rental properties and this has been a game changer for us. It only became available at these rates in the past few months.