Currently, it is difficult for me to secure a loan because I have a fairly high debt-to-income ratio and I work at my own business which has less than 6 months of history.

Currently, it is difficult for me to secure a loan because I have a fairly high debt-to-income ratio and I work at my own business which has less than 6 months of history.

Currently, it is difficult for me to secure a loan because I have a fairly high debt-to-income ratio and I work at my own business which has less than 6 months of history.

If you can get a 4 unit and a basement, that would be ideal and create major cash flow and equity creation, plus you can not worry about a property manager and boost your yield.You want to try and lock up as much cheap debt as you can today. 

Should I stop investing in house rental  and jump in multi family to qualify for loan also buy under LLC because my debt / income ratio exceed 50% 

How do you keep track of how much you have paid towards to debt balance or the interest paid monthly just goes straight to the sellers pocket?

the 1st or the old IRS debt?

Smart debt & leverage is key to get ahead in real estate.

If you plan to do one BRRRR after the next then you will still be utilizing the money so it won't matter that it is not a revolving line.A couple things to consider though - if you refinance and your payment goes up will you still have a good enough Debt to Income ratio to refinance your rental property?

Also, that means for one loan, two parties (or however many are on TItle) have their credit/debt servicabiilty dinged by the full payment.