Updated over 8 years ago on . Most recent reply
65% DTI question. Need help.
I am looking to buy my first property as a primary residence with a second generation home I'm looking to rent out. The property is worth $540000, and I'm saved about 10% down. However, my DTI comes out to 65% and I'm making 70000/year. Are there any lenders that would approve me? Otherwise, is there any other strategy to finance the home? Thanks