All Forum Posts by: Sierra Swords

Hello! Brand new investor here! I'm 25, in the middle of completing my first deal on a duplex in my home town of Westfield MA while I go for a PhD and bartend in central new jersey. 

Once the deal is closed, my DTI will be somewhere in the 40s. Trying to buy another property (even if it cash flows well like this one will!) will likely make my DTI too high to use a conventional loan. I've been looking into portfolio loans, but what options do you all recommend?

Any advice is much appreciated. I know there are hard money lenders, etc, but seems a little difficult (though not impossible) to get as someone just starting out!