On October 7 HUD issued a ruling that all apartments using agency debt or those with housing assistance must now give 30-days notice to residents before starting to evict them. 

Hi @Audrey Dye - As others have said, the Debt Service Coverage Ratio loan might make sense for you.

They can be daunting, it doesn’t make sense for most people to tackle these, especially if they have a full-time career for are enjoying retirement.One example is debt.

My brother is active in fix and flips and rentals but is not in a position to co sign at this time, so we are trying to get creativeCurrently her debt to income is 71 percent based on a two year average of her income that is at 4800 gross.

REI has the benefit of Leverage (no margin calls, as long as you lock in your Debt) and Tax Avoidance.

And will the underwriting of the loan will be based only on my debt/equity?

One with total debt of $165k  on it currently, one with about $60k on it, and no other loans on other 2 houses. 

No debt.

The other positive is cash flow, appreciation, leverage and debt paydown. 

Essentially, they would count the mortgage debt against me but not use the rental income I am getting from that single family home family rental to qualify me.