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Updated over 5 years ago,
Debt to Income ratio for STR's....
Hey Everyone! Thanks for reading this! we are looking to purchase another STR but our DTI is too low. This is because the other STR we own cant be used as monthly income. Has anyone found a good way around this? It is my understanding that you can use 75% of the fair market rent for a property for Fannie loans. Our lender did not know about this but wondering about others experiences? Thanks!