DTI

[Becca Summers]

My husband and I currently own 2 homes and have 3 years of rentals on our tax returns for the one home and we live in the other. 

What I'd like to ask is I'd like to buy two homes this year one for $170,000 that would rent for $1,350 and a new single family for my family for $435,000 and turing our current home into a rental that would rent for $1,400. Our W2 and 1099 income is 115,000. (This is averaging my last two Yeats of sales)

Mortgage 1 $190,000- rent $1,350

Mortgage 2 $170,000- rent $1,400

Mortgage 3 $170,000- Rent $1,350

Mortgage 4 $435,000 (we would put in a basement appartment later so no rent yet)

Would this work with our DTI?