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Updated about 5 years ago on . Most recent reply

Benjamin Kruah's profile image
Benjamin Kruah's profile image
Benjamin Kruah
  • Member since Oct 30, 2019
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Benjamin Kruah's profile image
Benjamin Kruah's profile image
Benjamin Kruah
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Benjamin Kruah
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Multi-Family and Apartment Investing

Duture investor with DTI questions

Benjamin Kruah
Posted

Hello all and thanks in advance. I recently purchased a SFH last year and my DTI is currently at 24%. I'm looking to purchase a multi next year but after adding the .75% of projected rental income my DTI will be at 41%.

My first question is, what are my chances of qualifying for a loan with a 41%. Second, would this limit my chances of a getting a third property down the line? 

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