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Updated over 10 years ago on . Most recent reply

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David Sumner
  • Orange, VA
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DTI - Buying Second House

David Sumner
  • Orange, VA
Posted

I'm just getting started in REI so this might be a simplistic question, but here goes. I own a house that is being rented. Want to apply for financing of second house as a primary residence. Will the rental income of the first house cover the mortgage debt on same house with respect to DTI? Thanks for your time

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