DTI and Commercial Mtg question

[Auria Styles]

Hi,

Can anyone comment on what happens to my personal DTI if I do a 1031 exchange for a multifamily property at a much higher valuation? 

I've heard that lenders do not factor personal DTI into determining willingness to loan against a fully leased income generating property.  I'm thinking of using the proceeds from the sale of a SF rental to purchase a multifamily property that would mean taking on a mortgage in the $1.7-$2.5M range.

Auria

[Mike Davis]

@Auria Styles using a HML to purchase the property, they will focus mostly on the asset. for the 1031 question @Dave Foster may be able to answer that.