Updated almost 11 years ago on . Most recent reply
creative ways to meet the bank's DTI requirements
I'm looking for creative ways to get financing for my 3rd rental property. Even though I have tons of cash flow and my only debt expenses are the mortgages, I am just shy of qualifying for a 3rd mortgage on my own.
Have you ever brought on a partner just to get your combined income to meet the DTI qualifications necessary to get the conventional loan?
What other methods have you used to meet the requirements for purchasing another property?