Need Help Rearranging Debt or Restrategizing.

[Phaen Pittman]

Hey BP,

So a friend of mine called today asking for some advice that was well above my pay grade. He works full time as a college professor, owns his own auto repair business, and also owns rental properties. He ran into DTI issues with his lender when he was looking at a new property. I will spell out his situation as best I can. Here it goes

Hey owns 2 rental properties

1st Rental Property-  Payment is $500/Rent is $750

2nd Rental Property- Payment is $700/Rent is $1550

His primary residence- Payment is $1200

His business mortgage "built a new shop"- Payment is $1540

His annual salary is $85k and his auto repair business generates 250k per year.

Is there a way for him to move some debt around to free up his DTI? Like renting his shop back to his business? Or any other creative ideas?

Thanks for all your input!