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Updated about 4 years ago,
Scaling with STR Income
I'm closing on my second STR in January. I have enough capital to put 10%-20% down on a few more next year, which would likely allow me to quit my day job, but I'm worried my DTI might be an issue when trying to obtain financing once I do quit my day job, especially since my "income" will be coming from my STRs and won't be on my tax returns yet. I'd like to avoid HML but seems like this might be my only option. Any guidance would be much appreciated!