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Updated almost 6 years ago,
How would I afford a $600k property on an e-4 salary?
Hi,
I plan on join the military soon, and due to the mos I'm choosing i will probably be in san diego. My question is how do I get funding for rental properties when I make so little. I would like to buy a fourplex, and sometimes they cost 1 million plus in San Diego. Most banks wont do a VA loan with a debt to income ratio greater than 43%. I think its the same for an FHA loan too. Any ideas?
I await your response,
-Sam