What is debt to income ratio Your debt-to-income ratio (DTI) measures how much you pay to service your debts relative to your income. To lenders, it is an important indicator for whether you are a good prospect for a loan and a critical component of your PRO Index. To you, it can be a measure of financial health by showing how much of your monthly income is going to servicing your debts, which is...
There are an endless variety of ways to invest in real estate, from taking out a home mortgage to building a property empire that spans the country. While the latter is probably out of reach for most of us, there’s no shortage of other options. What’s more, not all of them need to involve the headaches of financing and maintaining rental properties. Here are five strategies for adding real estate...