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Updated over 3 years ago on . Most recent reply

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Cedrica Edwards
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Rental Property Financing

Cedrica Edwards
Posted

Hey Everyone,

New to the BP community. Question, I'm really wanting to get into RE investing soon, specifically purchasing rental properties (single families), but concerned that my current primary residence (SFH) will impede my progress as far as dti is concerned. I was planning on house hacking soon, but not sure if that will even count towards lowering my dti. Will I have to be renting for like 1-2+ years with tax returns in order for the rent revenue to be acknowledged or is there some alternative option (portfolio loan, etc. idk). Thanks.

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