Updated over 5 years ago on . Most recent reply
Duture investor with DTI questions
Hello all and thanks in advance. I recently purchased a SFH last year and my DTI is currently at 24%. I'm looking to purchase a multi next year but after adding the .75% of projected rental income my DTI will be at 41%.
My first question is, what are my chances of qualifying for a loan with a 41%. Second, would this limit my chances of a getting a third property down the line?