Propertys Financer News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Time for the help desk where we get answers to your financial questions. joining me this hour, gary schatsky, a financial planner and president of objecti objectiveadvice.com. gail cunningham with the national credit foundation. gary, alexandra wrote in i m trying to refinance an investment home that other members of my family live in. the property s financer tells me that my debt ratio is too high and that they have no option for me because the home is not my primary residence. how can i get that monthly payment down? she s trying to refinance work out a deal here. it is really a difficult situation. because if the banking institutions aren t going to fund you because of your credit situation, it becomes problematic across the board. an investment property is particularly problematic because standards are much higher. you can try to think about some out of the box scenarios. one might be i don t know what the family situation is. ....

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