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Updated about 3 years ago,

User Stats

59
Posts
22
Votes
Nick Loukas
  • Rental Property Investor
  • Bethlehem, PA
22
Votes |
59
Posts

Financing question …dti after next purchase

Nick Loukas
  • Rental Property Investor
  • Bethlehem, PA
Posted

I'm approved for my next rental purchase (second investment prop). How can I get approved for my third property if the banks typically require that I have a leased property for two years on my taxes to offset the loan amount for my DTI? If they won't count the income from the second rental, this won't offset my PITI on that property. Am I missing something? How do you guys scale quickly with this conventional loan caveat ? Thanks !

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