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Updated over 8 years ago on . Most recent reply

User Stats

38
Posts
7
Votes
Terry Brennan
  • Real Estate Agent
  • Blackwood, NJ
7
Votes |
38
Posts

Financing Rentals

Terry Brennan
  • Real Estate Agent
  • Blackwood, NJ
Posted

Hello Everyone on BP,

 I purchased a few rentals over the past 12 months and now I am running into a problem. My debt to income is capped due to me not having enough rental income history filed on taxes. Are there any financial institutions or private lenders that will write loans based on potential rental income instead of my personal income/debt? I am on a mission to purchase 3-5 more properties by the end of 2016. Any advise would be greatly appreciated. 

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