1st Time investor Issue

[Marc S.]

Afternoon,

I am the classic definition of new to this market. I want to start building my door portfolio and become financially free for the future I have set for my family and I. My question is, I currently do not own any properties but am using BP so that I can start researching for my 1st property. In the mean time my wife and I are shopping to purchase our first home to live and raise our family. 

My question/concern is; will buying our first home effect me in the beginning process of getting my first rental property due to the fact that I will be taking out a mortgage to buy our fist home? Will a lender (bank) look at my current debt when I attempt to purchase my first real estate property and see that I currently have a mortgage already (too much debt-to-income ratio) and as a result this makes me an undesirable client for them and more difficult to obtain that 2nd mortgage for my 1st rental property?

Thank you!

Marc
NYC