DTI Help When Doing Real Estate Full Time

[Freddy Hernandez]

Hey Everyone!

I have a question regarding DTI when investing full time. I am a few deals away from matching the salary at my job with real estate cash flow. Getting to this amount of cashflow was my goal to then quit my traditional job and focus on real estate investing full time. However, the lenders/credit unions that I have built rapport with the last few years require 43%-47% DTI to get through underwriting. With that said, my DTI would be in the mid 50s when I reach this point.

Any pointers out there besides refinancing current loans or increasing rents to get under the required DTI?

Thanks in advance!

[Andrew Postell]

@Freddy Hernandez this will be DRASTICALLY different depending on your situation but there are pretty good loans that don't care about your DTI at all. And just for reference,Fannie/Freddie loans (that do care about your DTI) have a maximum DTI of 50%. Make sure your lender is using all of your rental income to help you qualify. No seasoning or waiting. If they aren't using all the income on each property, then make sure to ask why. Hope this helps but feel free to ask questions if you need. Thanks!