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Updated about 5 years ago on . Most recent reply

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Joseph T LaRue
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Hard money flip to rent

Joseph T LaRue
Posted

I watched the webinar or buying your first, second, and third rental property. Brandon Turner spoke about using hard money to buy the house, repair it, rent it, refinance it, and repeat. My question is, what will this due to your debt to income ratio? Will it affect the next property you want to get with hard money? If you refinance it in 6 months for example, you won't be able to show the income on your tax returns. Do hard money lenders not look at this?

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