Updated over 13 years ago on . Most recent reply
Multi families and DTI
So, would a lender factor in tenants already living in a multifamily unit when calculating my DTI? I am looking for a first home and my DTI ratio isn't so good right now because my wife went back to school. Anyway, we saw a duplex that we could easily make payments on and it already has one renter. With that rental income DTI would be fine... any suggestions?