Submitted by Kindly_Boysenberry_7 t3_yfumj3 in rva
ohihaveasubscription t1_iu632tj wrote
Reply to comment by Kindly_Boysenberry_7 in RVA Real Estate AMA - "What The H*ll Is Happening?" Edition by Kindly_Boysenberry_7
Is it 30% gross, not 30% net?
blueskieslemontrees t1_iu6iwsr wrote
From a lenders perspective they rate debt to income on gross
Kindly_Boysenberry_7 OP t1_iu66nwp wrote
I thought it was 30% of gross, but certainly 30% of net would be more conservative. It's really only a rule of thumb, so you have a rough way to measure. At the end of the day, what are you comfortable with?
Viewing a single comment thread. View all comments