Getting my First FHA loan for a Fourplex

[Grayson Gist]

Hey all,

I have used up my VA loan to buy a single family residence that turned into a rental and a Fourplex. I'm all out of VA entitlement. I am looking to move out of the fourplex this year and into an FHA financed Fourplex.

Since I only have a year of rental history, how should I be calculating my DTI? We want to get approved for a $350k loan and my W-2 job is $70k a year, the rental income for the 5 doors is about $1200 a month.

Will it be hard to find a lender willing to work with my DTI without two years of rental history? Thanks!