All Forum Posts by: Marie Herard

Ok. I don’t have any down payment and if I could do any down payment it would have to be 5-10%. My goal is to rent both sides and move to the new property. any other suggestions?

Thank you.

Hello there I am so confused now you are right about everything I live in one side and rent out the other. My plan is to move out and rent both sides and move to the new one. I am not qualified to get another property because of my debt ratio.

Thank you for your reply. I currently have no down payment 

Thank you for your reply. Do i required a down payment if it is what is the percentage? 

I currently own a duplex. I live in one side and rent the other side. I wanted to buy either a single family home or another duplex but I am not qualified for a mortgage because of my debt ratio. I make 35k from my W2 job. I have on other debt besides the duplex that I owe 150k. Any suggestions on what to do to get another property?

Hello, I currently own a duplex. I live in one side and the other is rented . I would love to buy another property either a single family or another duplex but I am not qualified for a mortgage because of my debt ratio. I have a W2 job which brings $35.000 a year. I have no other debt besides the duplex I currently own and owe $150.000. Any  suggestions on what to to do to get another property. 

Thank you.