Questions about financing strategy

[Jeff Castro]

Hello BP!

I own a home that I would like to turn into an air bnb. I believe I can make 1.5x what i pay in mortgage for extra cashflow.

Goal is to buy a 2nd home or investment home that I can live in for about a year and then turn into a rental property. Problem is DTI would be right around 50% by buying the second home.

My question is, will I have issues getting financed for a 3rd home since by DTI will be over 50% with already 2 properties in my name? I've heard you had to show 2 years of documents on a rental in order for the bank to even consider..

Any insight or advice is appreciated!