Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Personal Finance
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 5 years ago, 03/27/2020

User Stats

319
Posts
161
Votes
Trevor Aydelott
  • High Desert, CA
161
Votes |
319
Posts

Reducing my DTI to get financing

Trevor Aydelott
  • High Desert, CA
Posted

So I'm trying to apply the BRRRR method and I came across a speed bump of my DTI.

I had the lender tell me my DTI was to high.

So basically the routes I could take is rent out my current home and I guess they give 75% of the rent. 

Second I believe I can rent out the new property I just purchased and get 75% of that rent. 

Do you know any lenders that lend in Colorado that give higher portions of the rent than 75%? 

Also I thought I read somewhere that if a credit card is for your business and is 0% there are way to not have that count as debt against you. 

Loading replies...