Debt to income RATIO

[Rashad Colton]

Hi, I would like to know how do you guys keep your debt to income ratio low to continue purchasing homes with mortgages? I don't have any debt, i have a decent credit score, 2 businesses and a full time job. What do i need to do to increase my chances of being approved after purchasing my first few properties? 

[Mike H.]

@Charles Kennedy   

Yea. It somewhat seems logical to do it that way. But then you have to look at how the numbers would go up. Noone would ever be able to qualify for 10 mortgages unless they made 250k a year or something crazy.  

i.e. If you made 10k and your debt was 3k, your dti would be 30%.

And if you had 8 properties making 1,400/mo with PITI of 900/mo, your income side would get 1050x8 (1050 is 75% of 1400) or 8,400 and your debt side would get 7200/mo. Your dti would jump to 55%.

Couldn't do it.....