Financing Dilemma - How to qualify for a new primary mortgage?

[Anthony Webster]

Financing dilemma - How to qualify for a new primary mortgage when you have rental properties financed?

As you get more rental properties, your income increases, but you still have to deal with DTI ratios. Let's say you have 5 properties and are making $150k with all your income, including your regular job. Even though you're making $12.5k a month, that's still only $6.2k a month you can use with a 50% DTI ratio. Add in the mortgages for your current properties and let's say that eats of $4.5k of that available 50% DTI.That leaves only $1.7k available to work with even though you still have a whole other $6.2k that won't be considered for usable income.

For the sake of argument, let's say the person was making half that for a total of $6.2k a month with no current debt... they would actually have $3.1k to work with even though they would have less income left over when purchasing. Pretty ridiculous.

As a real estate investor, what are options for someone who makes a lot, but is breaching past the DTI ratio for purchasing a primary residence?

Are there any financing options that don't take DTI ratios into account with a low down payment and interest rate? Or is it an option to use a no doc rental loan if I'm going to be renting out part of the house, but still living in it?