Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 14 hours ago on . Most recent reply

User Stats

4
Posts
3
Votes

Funding for flip or long term rental

Chrissy Anderson
Posted

I'm looking to break into real estate investing but I have too high a DTI to qualify for a conventional loan or HELOC. Does anyone have advice as to what route I should take? Even hard money lenders are iffy because I don't have a track record. Thank you.

Most Popular Reply

User Stats

4,318
Posts
1,362
Votes
Erik Estrada
#3 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
1,362
Votes |
4,318
Posts
Erik Estrada
#3 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
Replied
Quote from @Chrissy Anderson:

I'm looking to break into real estate investing but I have too high a DTI to qualify for a conventional loan or HELOC. Does anyone have advice as to what route I should take? Even hard money lenders are iffy because I don't have a track record. Thank you.


Sounds like you might benefit from a DSCR loan

business profile image
LuxePrivate Investments LLC
5.0 stars
46 Reviews

Loading replies...