DTI Monitoring and Manipulation

[Dan Mackin]

I am officially looking at my first property now. Working with my mortgage broker we have figured out what my max payment is for the initial rental to keep the DTI under 40% to stay conservative.

I'm looking for some clarity on how those who use conventional financing work with their DTI to keep themselves eligible for new loans. I've read that the waiting period before the rental income becomes valid in most cases is 2 years and that they usually only count 75% of it. Does this apply to each property or just for the initial one? I have checked with my broker about the loan count limit and he says he can make the 10 max happen. He does investments himself and has worked with other investors to get to that number. From looking at if from my current standpoint I will need consistent 2% properties to keep my DTI in check to hit my 9 rentals.