All Forum Posts by: Lawrence Paul

Hello again,

I am currently struggling with my debt to income ratio with the purchase of my first income property.

Only have one car payment and my personal property (mortgaged), which I plan to turn into a rental in the short term.

My debt to income ratio is currently high (~42%).

Any way to lower this once I try to make a move into my third property?

Going to pay off my car, but even then my debt to income ratio will be rather high!

Trying to use leverage to my advantage, but this seems much harder than I had originally thought...

I feel as though I have hit a hard stop due to this debt to income ratio!

Advise? Help? Ideas?

Hello,

I am new here and just wanted to say hello.

Investing in the state of Pennsylvania at the moment and have just purchased my first rental property.

Currently living in a property that I plan on renting out in the near future.