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All Forum Posts by: Micah Makekau

Micah Makekau has started 1 posts and replied 3 times.

General Real Estate Investing

Post: Debt to Income Ratio

Micah MakekauPosted
  • Rental Property Investor
  • Honolulu, HI
  • Posts 3
  • Votes 0

@David M.

Hi David!

Yes, I made the decision to first get pre-approved

& see where I stand with how much I'll qualify. I'm going to work with the lender to see how much more I'll get if I pay off my debt first.

Thank you for answering! 😁

0 Votes
Honolulu Real Estate Forum

Post: studio/1BR rental property

Micah MakekauPosted
  • Rental Property Investor
  • Honolulu, HI
  • Posts 3
  • Votes 0

@Carlos Ptriawan Aloha Carlos! How's it going with your rental search?

0 Votes
Honolulu, Hawaii
General Real Estate Investing

Post: Debt to Income Ratio

Micah MakekauPosted
  • Rental Property Investor
  • Honolulu, HI
  • Posts 3
  • Votes 0

Aloha Everyone! Been learning about REI for little over year & half now 😆. Constantly, listening & Reading anything I can. First time ever posting on the forums ( ✋I'm new ). My question is - Should I get pre-approved? Or Wait until my Debt is paid off?

Here's where I am financially:

Monthly NET Income = $4,500

Monthly Debt Payment = $415.00

Amount on Loan = $17,000

Savings = $36,000

0 Votes