Updated almost 3 years ago on . Most recent reply
DTI while in a seperate partnership.
I have been trying to get loans approved with rentals for years and always have a dificult time do to having partnerships. this is what lenders tell me the problem is. standard DTI is structured as such. the gross rent you will be given credit for is 50% due to partnership. and 75% of that as the standard as well. But the problem is... the expenses do not get a discount . you are responsible for 100% of Expenses. So they reduce rent credits but you are responsible for 100% of expenses. If anyone has experienced diferent let me know. thank you....