Anyone here who earns a living via flipping?

[khattichic]

Re: Anyone here who earns a living via flipping?

@X2

So I am a little confused by this statement, I may have to talk to one of my pals. The dude has a few properties but I don’t know how that will work with the debt to income ratio. I think the cap is what 3x your income? I may just msg u

Up to 4 mortgages is easy, you’re not considered a lending risk. When it comes time for that 5th investment property is when lenders start classifying you under “multiple property guidelines” and the applicant is scrutinized under much stricter qualifying terms.