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Updated almost 2 years ago on . Most recent reply

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Brad Scott
  • Investor
  • Austin, TX
14
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19
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How to Finance 3rd property after DTI is maxed out

Brad Scott
  • Investor
  • Austin, TX
Posted

Hey guys,

I started investing in real estate last year, purchased 2 houses by pooling savings with my brothers, which puts us at 3 properties with my current residence (renters in the other two). Our DTI is maxed and we're trying to figure out financing to purchase our first multifam now.

This seems to be a big wall people run into when starting out and a common question. What is the best financing option after DTI is maxed out?

Thanks so much for your help!

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2,288
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Alex Bekeza
  • Lender
  • Los Angeles, CA
1,282
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2,288
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Alex Bekeza
  • Lender
  • Los Angeles, CA
Replied

@Brad Scott DSCR loans are the way to go. No DTI requirements whatsoever. Instead you can qualify for 30 year fixed financing using the subject property's cash flow. These are designed to help experienced investors scale beyond what Fannie Mae/Freddie Mac guidelines will allow for. Happy to chat in greater detail on these anytime.

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