Buying & Selling Real Estate Discussion

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John Patterson
  • round rock, TX
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How to buy more rental properties with debt to income limited out

John Patterson
  • round rock, TX
Posted Dec 8 2019, 09:27

My current situation:

1 primary, 5 rentals, no additional debt, heloc out (invested in one of the rentals), and cash to buy more, but at 43% debt to income.  I am looking for a solution where I can buy more rentals.  I was thinking of:

A) Giving a family member the cash to buy more, and having them deed me over the house after a period of time

B) Setting up a trust and putting the rentals there, so they are not on my name, and buy more

Are any of these actually viable, or something anyone has actually done?  Open to suggestions as well.  

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