Underwriting question. Getting loan with while having sold home subject-to

[Nicholas Ward]

Hi,

I am considering selling a rental property in Texas subject-to and owner financing the equity (120k) but concerned how that will effect my DTI. My current loan will be paid by buyer and then buyer will pay me monthly installments for the remaining balance (120k). How would underwriting look at this? I am concerned they wouldn't look at this like a normal rental and use monthly income from this.

If I go this route I will have a real estate attorney draw up the contract. I have done a lot of research on how I would structure this but at this point my main concern is the DTI. Does anyone know how underwriting would look at this?

Reason I'm considering this option is down payment for a primary residence in another state and think I can get more for the house selling like this plus spread out my tax gain.