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Updated almost 5 years ago, 03/27/2020
Reducing my DTI to get financing
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.