There are 3 partners purchasing a 2 family house. If the house is 200k how is the debt to income reflected with each individual partner? I was told by a broker who I'm not familiar with that the full mortgage amount is applied individually to partners DTI. Does this seem correct?
Why not use Hard/Private Money? It will be much easier to qualify, no DTI, No taxes, no employment check and generally higher leverage. Much easier to scale with private money.