What is a Debt-to-Income Ratio (DTI) and How is it Calculated?

by Mark Fitzpatrick Mortgage lending underwriting criteria falls into three general categories — credit, collateral, and capacity. Credit has to do with how well you pay your bills (as evidenced by a credit report and score), collateral has to do with the type and quality of the property you’re using to secure the loan, and capacity has to do with your financial ability to repay... Continue Reading →

7 Reasons the Rich Get Richer Through Real Estate

by Sterling White What is it about real estate that helps the rich to keep on getting richer? Check out Forbes’ billionaires list and you’ll find the vast majority of members either made their money in real estate in some way or are now preserving and growing their wealth in real estate. That’s true of Warren Buffett, Richard... Continue Reading →

6 People Every Investor Should Hire

by Sterling White One of the biggest mistakes that real estate investors make is not getting help. I know, because I’ve made the same mistake in the past. I’ve tried to do too much myself. I see new real estate investors, agents, and business owners doing the same thing. It’s extremely difficult to really grow to your... Continue Reading →

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