The program requires the debt to income (DTI) ratio to be 45% or less when comparing overall eligible monthly income to debt. 

It's great that you're shopping around for a conventional loan and comparing options.  

Inventory has held steady around 5-6 months for some time now, with roughly 11% more active listings on the market last month compared to September 2023.

Commercial loans often have different terms, such as higher down payments and shorter loan periods, compared to conventional loans.Here are some steps you can take:- **Consult with a Commercial Lender**: Talk to lenders who specialize in commercial real estate loans.

Making the same “quick, cash offer” that millions of others are making allows them to compare my offers to others.

It’s just too short compared to the more extensive ads from your competitors.

We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

Create a simple spreadsheet or written list to compare the features of each and identify the ones that align with your requirements.

We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

If it sells, especially at that high price, it will be to an out-of-state investor who does not know better, and they will compare it to the pricing they could pay for a similar house in their local area.