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Norman Perkins
  • Real Estate Investor
  • Lake Panasoffkee, FL
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Ok folks, Im frustrated. Please help!

Norman Perkins
  • Real Estate Investor
  • Lake Panasoffkee, FL
Posted Nov 21 2013, 08:25

I am reading, studying the market, watching interest rates, basically doing everything I possibly can to get started in this, but I feel like I am spinning my wheels. I apply for an equity loan to use as my down payment on my first deal, but my debt to income is too high so it was not approved. I am really getting frustrated and that is not what I need right now. lol....anybody out there with some ideas on creative financing to come up with a down payment on a really good property?? I have really good credit, just my debt to income is a little high. Specifically, credit card balances. That is all that is stopping me from getting started.

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