Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 10 years ago,
FHA debt-to-income ratio
I would like to find a duplex or triplex with a FHA mortgage, but then I discovered that at my current gross income I won't be able to meet the debt-to-income ratios used to qualify for an FHA loan. The mortgage payments on a duplex/triplex are too high for my income level.
But, will a lender consider the rent that I can potentially earn from a duplex or triplex, and then use it as part of their debt-to-income calculations? If so, I can have a better ratio.