All Forum Posts by: Angela Rosa
Angela Rosa has started 1 posts and replied 3 times.
Post: Trying to buy an investment property but the DTI is a problem
Angela RosaPosted
- Hamden, CT
- Posts 3
- Votes 0
A credit card with a 5000 balance. No student loans, no car payment nothing else.
Post: Trying to buy an investment property but the DTI is a problem
Angela RosaPosted
- Hamden, CT
- Posts 3
- Votes 0
A lender calculated the dti.
Post: Trying to buy an investment property but the DTI is a problem
Angela RosaPosted
- Hamden, CT
- Posts 3
- Votes 0
I recently purchased a single family home for myself. Now I would like to purchase a two family home to rent out. I have enough money to pay up to 30% down payment as well as reserves for 4 months for each property.my credit is almost excellent but I can't get past the DTI. IT'S EXTREMELY DEPRESSING. I work alot of hours already so getting any type of meaningful seconf job is not an option. What do I do? I don't have alot of debt the biggest problem is the mortgage payment when compared to my income. Refinancing isn't an option as I just closed on my loan with an excellent interest rate. What can I do?