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Just starting out - looking for guidance
I want to start out by saying I really appreciate all the insight this community has given me prior to joining. Also if this post is in the wrong forum feed I apologize.
I purchased my first property in 2012. The property is a duplex were i have lived on one side and rented out the other for the last two years. I want to start to acquire more investment properties but I am unable to finance anything. I am at the peak of my debt to income ratio. I have heard that some lenders are willing to use a percentage of the potential income to help satisfy the underwriting process but i get mixed messages from the Banks. Are cash deals all that I can do until I start to reflect more income?
Background: Clean credit, Solid career history, and capital for the down payment.