The market is frothy and young professionals see their parents massively in debt and their ultimate aspiration was to leverage their entire life into a crap box.

.: $200Total Expenses: $14,880NOI: $26,753Mortgage: 4.63% Debt Service: $18,026Cash Flow: $8,727Down Payment: $97,500CoC if Maintenance at $1,000: 8.9%CoC if Maintenance at $4,560: 5.3%The maintenance portion of the above is not fully vetted and could bring my CoC return lower.

However I have a high debt to income ratio and live in a house that is way too small for my family so I need another one.

I was able to get a Federal Tax ID online and then opened bank accounts/credit cards in the name of the consulting business, all off of my personal credit report (although I remain responsible for them, it helps to have some debts/credit cards off your personal credit report).

We both have 740+ credit scores, one of us has a higher debt-to-income ratio,  but the other doesn't, we have a decent amount of capital between us, so qualifying for a loan in general isn't the challenge, we just want to be smart.

How I eliminated constant requests to take up my time or join my company is to say I am not looking for that.

Your increase in outstanding debt and the type of loans you have in place will affect your score as well. 

What I have since learned was the seller has not defaulted on loan but no longer wants the property so she was trying to sell it and have bank forgive the debt.

@Andrew Boykins you need to decide if you are going to use equity, debt, or a combination of the two.

You need to understand the difference between good debt and bad debt.