A few Noobie questions

[Michael Flood]

Hello everyone,

@William Blue and I have few questions and hoping to get some help.

1.) If 2 people cosign on a 200k mortgage, do both people carry the full amount in their debt to income ratio? Or does each person carry half?

2.) At what point to banks recognize rental income as income? I understand this likely varies from bank to bank.  Is there a general rule of thumb for planning purposes?

3.) Will purchasing a rental home with a partner later prevent each partner from purchasing a personal home with an FHA loan?

4.) Any tips around the timing of buying a rental property and taking a loan for school would also be much appreciated.

Thank you and apologies in advance for the noob questions