FHA loan - DTI high - solutions?

[Marin Ivankovic]

Hi all,

Few months ago I bought a rental property with my partner in MA. Both units rented, profit cca 600$ a month - 1 year lease both unit. Now, I'm ready to use FHA loan to buy another rental property. I spoke to Bank of America, they told me that they won't count any rental income since it's not on my last 2 year taxes. That means my DTI is to high to get another mortgage. Any suggestions?

Thank you for reading!