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Updated almost 13 years ago, 03/23/2012

User Stats

155
Posts
21
Votes
Joe Edwards-Hoff
  • Homeowner
  • Grandview, WA
21
Votes |
155
Posts

Multi families and DTI

Joe Edwards-Hoff
  • Homeowner
  • Grandview, WA
Posted

So, would a lender factor in tenants already living in a multifamily unit when calculating my DTI? I am looking for a first home and my DTI ratio isn't so good right now because my wife went back to school. Anyway, we saw a duplex that we could easily make payments on and it already has one renter. With that rental income DTI would be fine... any suggestions?

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