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Updated about 10 years ago,
DTI and Dodd Frank
With the recent mortgage reforms (Dodd Frank), what is the "standard" for DTI that lenders are looking for now? I'm exploring the financing of small multi's (4 or less units) for a long-term buy and hold investment strategy through conventional financing and i'm concerned about the impact of my DTI on the financing possibilities.
TIA,
Kathleen