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All Forum Posts by: Jack Sun

Jack Sun has started 1 posts and replied 2 times.

Real Estate Deal Analysis & Advice

Post: Multifamily BRRR strategy that created 4.5m of value in 12 months

Jack SunPosted
  • Houston, TX
  • Posts 2
  • Votes 0

Great post. Congratulations on your project!

0 Votes
Texas Real Estate Q&A Discussion Forum

Post: Is there a way to get a loan if I have high debt to income ratio?

Jack SunPosted
  • Houston, TX
  • Posts 2
  • Votes 0

I recently graduated college and would like to get started in real estate. I have just started working and am making ~50k but expect to move up to ~60-80k in about two years. 

The problem is I still have several student loans in my name, increasing my debt to income ratio. My parents were extremely generous agreed before I went to college that they would pay it fully. The loans are still under my name, but I am not making any payments towards them.

I want to take mortgages and house hack and the whole shebang, but I am having trouble getting a mortgage approval. Does anyone know of a good way to work around this situation?

Thanks.

0 Votes