Then get the best job I can and try to pay off the debt over time.

I have a property under contract but I am afraid my debt to income may be too high.

If you have a great credit score, with 2 years consistent income, tax returns, and low Debt to Income ratio, the banks are the best way to go in terms of rate.

On a "subject to" deal is the existing debt you are just taking over the existing debt payments plus a higher amount as demanded by the existing owner as a profit, if y'all agree.

I was just researching WA for debt collector license requirements and found the article linked below, summary sez:" Who Is a Debt Collector Under Washington Law?

This equates to a large monthly debt service and larger holding costs.See here:  https://www.biggerpockets.com/companies/hard-money/location/louisianaAlso check out these:https://nolahardmoney.com/https://www.thekpcgrp.com/realestate/https://limaone.com/https://ironbridgelending.com/Have you looked at using a local bank?

I usually let student loan issues slide because they are so common (our nation's tenants are drowning in student loan debt) and I don't want to screen out otherwise good tenants, but things like missed credit card payments, missed car payments, and of course missed rent payments that get reported to the credit bureau usually require some probing questions.In your Brighton place, you can legally specify no undergrads.

@Jay Hinrichs they put long term fixed debt on it so a refi is out of the question.

It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Understand you can not eliminate all risk, only mitigate it.

Should I refinance my home to payoff $45K in “bad debt”?