All Forum Posts by: Nguyen Nguyen
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Post: Help with refinancing for a BRRR
Nguyen NguyenPosted
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Hi folks,
I am in contract for a home to do my first BRRR. I am paying all cash since we weren't able to qualify for a conventional loan. DTI is too high since I have 2 mortgages right now. My income is decent.
So my concern is that we might not qualify for the refinance either since the lenders I talked to are requesting our docs and income. Is there a specific lender or loan product that I would need to look into to use the rent income that the property is producing?