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Updated over 6 years ago, 04/17/2018

User Stats

50
Posts
7
Votes
Justin Wilcox
  • Investor
  • Mesa, AZ
7
Votes |
50
Posts

How do I go about maximizing my DTI for underwriters via taxes?

Justin Wilcox
  • Investor
  • Mesa, AZ
Posted

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! 

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