Debt to Income Ratio - Landlord of multiple properties

[John T.]

Hey All,

I am having some trouble understanding how DTI is calculated and it seems that the different lenders I have talked to are telling me different information.

I have 1 year of landlord experience renting half my duplex and just filed my first schedule E in 2015. My schedule E shows rent income, and after expenses such as repairs, taxes, utilities, etc, I ended up with a net loss. Is this going to negatively affect my DTI?

Further, I am looking to purchase two more properties this month. Will my lender be able to use rental income from those properties when calculating the DTI in the loan approval process?

Thank you.