Quote from @Juan Perez: Greetings,My first home was paid off over a year ago, and I am now living in my recently purchased 2nd home.

Your insight helped me stick to what I and my realtor knew was right.

I don't do rent by the room, but I do use open houses almost entirely for my showings.

When doing residential loan for fourplex, my W2 + my partner's W2 can be used to calculate DTI.

It's my way of processing.

And for reference my sister is dealing with a run down house in Louisiana that has a value of about $95,000 and she shopped multiple policies with multiple insurance companies and the best rate she could get was $2500.

Me and my wife currently have a sonyma fha loan.I have no other dti except for my mortgage payment.

Just from my experience.

My return has been 24%.

For my personal portfolio I use a modified spreadsheet amortization by VERTEX, available in Google Docs.