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Updated over 3 years ago,
Financing single family rentals
Hey all, I'm a newbie investor with two deals done, I got primary residence loans on both of my current houses and one is a STR so the bank can't use that income for a while, I live in the other, that being said my DTI is about tapped out. I currently have about 250k in cash and I would like to buy 4-6 single family rentals in the 150k price range. My question is will my high DTI prevent me from qualifying for more properties?
Thank!