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Updated over 6 years ago, 04/17/2018
How do I go about maximizing my DTI for underwriters via taxes?
Long story short, I paid someone to do my taxes and my return was stellar. The new problem is that I cannot get qualified to refinance a property, let alone buy another because my DTI is too high due to my tax return.
What is the most effective way to keep my DTI good while not paying a ton of money into taxes?
For example, would the best strategy be apply as many deductions as possible while still showing that I am earning enough to cover monthly mortgage payment on each property?
I was hoping to get in touch with an underwriter today and learn more about their process so I can really expedite what I do in terms of acquiring more property. If anyone knows someone who would be willing to chat who is investor minded, I would sincerely appreciate it.
Thank you!