High DTI, credit score 760+, W2 income 300k+

[Account Closed]

Hello all,

I am looking to purchase a home overseas as a holiday home/ air bnb. I own 4 rental properties and my tax returns have quite a bit of write offs resulting in high DTI. Besides that, I have plenty of equity built up, w2 income is strong, high amount in 401k etc. I'm trying to figure out how to get this finance since HELOC is rejecting me due to over 50% DTI. Thank you!!!

[Erik Estrada]

Quote from @Account Closed:

Hello all,

I am looking to purchase a home overseas as a holiday home/ air bnb. I own 4 rental properties and my tax returns have quite a bit of write offs resulting in high DTI. Besides that, I have plenty of equity built up, w2 income is strong, high amount in 401k etc. I'm trying to figure out how to get this finance since HELOC is rejecting me due to over 50% DTI. Thank you!!!

 Hey Sapna, 

It sounds like you would benefit from a DSCR cash out refinance. DTI is not required.