Lender requirements for multiple mortgages: DTI only?

Question

If I’m buying properties for long term buy and hold, and am buying quality properties with minimal/no rehab, and with little/no cashflow (buying for long term loan pay down, equity, and tax benefits), is it hard to get multiple mortgages?  Do the lenders look only at DTI?  I have no debt. I have a W2 paying ~90k.

Alex Roter · Answer

Hey Nick, there are institutional lenders that don’t look at your debt-to-income ratio to qualify you.  Instead, they base their qualifications on the following: a larger down payment, cash flow of the property and your credit score.