Updated over 6 years ago on . Most recent reply
Help Getting a Loan for 1st Rental Property
Hello all! I am trying to figure out creative ways to get a loan to pay for my first rental property. I am paying rent ($1025) a month and want to purchase the rental (90k) in my hometown which is about 2 1/2 hours from where I live. As of right now my DTI is over by around 200 dollars so it's looking like a conventional loan won't work out. What are my other options???