How to finance deals with a high debt to income ratio
Good morning BP!!!
I have recently run into an issue that I rarely hear spoken about on podcasts or on the forum but I’m sure someone somewhere has had the same experience. I am currently a college student finishing up my undergraduate degree in May, which means that I have accumulated significant amount of loan debt. I have a fairly decent job and I own a rental property that helps supplement income also. This issue that I am having is that my debt to income ration is too high for many banks to give out loans to help finance deals even thought my credit score is good. I have come to the forum to see if anyone else has had this similar experience and what steps did they take to not allow this situation to stop them from investing? I am open to suggestions!!!
PLEASE HELP