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Updated about 3 years ago,
Financing question …dti after next purchase
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 !