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Updated over 3 years ago,

User Stats

11
Posts
4
Votes
Kwame Essieh
  • Beaverton, OR
4
Votes |
11
Posts

Hit a Debt to Income Ratio Wall

Kwame Essieh
  • Beaverton, OR
Posted

Hi Everyone, 

I think I've hit a wall with convectional loans that I believe will prevent me from pursuing deals for a while. I own four multi family buildings (1 Triplex, 3 Duplexes) and make solid cashflow on them. However my DTI ratio is about 38% this includes income from my day job. I cannot get deals with conventional loans with DTI that high.

Is this a sign that I'm overleveraged and should hold off on getting more deals until I can either raise rent or get a raise at work?

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