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Updated over 15 years ago on . Most recent reply

Debt to income question...
My current debt to income is about 31 percent. I am looking into buying some rental property that generates about 2,000 in income a month. The price for the propery I am looking at is 85,00 whish would raise my d to i ratio to about 43 percent. Will this matter since it is rental property that is generating income?