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Updated almost 5 years ago on . Most recent reply

User Stats

10
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2
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Shiva Sharma
2
Votes |
10
Posts

2nd Investment Property - DTI Too High

Shiva Sharma
Posted

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?

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