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All Forum Posts by: Rashad Colton

Rashad Colton has started 15 posts and replied 28 times.

Post: down payment for mortgage

Rashad ColtonPosted
  • Atlanta, GA
  • Posts 30
  • Votes 8

Just wondering, what are some options to obtain down payment for a mortgage?

Post: Debt to income RATIO

Rashad ColtonPosted
  • Atlanta, GA
  • Posts 30
  • Votes 8

@Terry Lao thank you 

Post: Debt to income RATIO

Rashad ColtonPosted
  • Atlanta, GA
  • Posts 30
  • Votes 8

@Penny Clark Thank you for that valuable information

Post: Debt to income RATIO

Rashad ColtonPosted
  • Atlanta, GA
  • Posts 30
  • Votes 8

@Mark Smith ok awesome thank you

Post: Debt to income RATIO

Rashad ColtonPosted
  • Atlanta, GA
  • Posts 30
  • Votes 8

@Andrew Postell thank you 

Post: Debt to income RATIO

Rashad ColtonPosted
  • Atlanta, GA
  • Posts 30
  • Votes 8

@Charles Kennedy Raising the income on my w-2 will be easy, I will have to work my butt off  and increase my sales. Do most banks accept self employed tax returns also ?

Post: Debt to income RATIO

Rashad ColtonPosted
  • Atlanta, GA
  • Posts 30
  • Votes 8

Hi, I would like to know how do you guys keep your debt to income ratio low to continue purchasing homes with mortgages? I don't have any debt, i have a decent credit score, 2 businesses and a full time job. What do i need to do to increase my chances of being approved after purchasing my first few properties? 

Post: Analyzing first property

Rashad ColtonPosted
  • Atlanta, GA
  • Posts 30
  • Votes 8

@Greg Moss awesome advice  Gregg, Ill continue to read and gain knowledge before my first flip, Thank you all

Post: Analyzing first property

Rashad ColtonPosted
  • Atlanta, GA
  • Posts 30
  • Votes 8

@Dan Mahoney Thanks for the great advice I will keep looking 

Post: Analyzing first property

Rashad ColtonPosted
  • Atlanta, GA
  • Posts 30
  • Votes 8

@Matt K. I determined ARV by viewing homes that in the area that sold within this last 6 months, is this the correct method?