BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 4 years ago,
2nd Investment Property - DTI Too High
I am in the process of buying my first house. I'll stay in one of the rooms and rent the other 2 out. I was planning on rehabbing it somewhat and refinancing it, but my realtor and current lender told me that my DTI will be too high to qualify for a second house until a few years. What can I do?