I have one small problem I need help solving.My question is what are my options on qualifying for a loan if the property is more than what I qualify for?

You can also do a standalone DSCR 2nd if you do not qualify based on DTI 

It's a conventional loan and we can use 75% of the rents to help you qualify. 

Both are qualified but not heavily investing in income properties. 

If you qualify for a 600K 1-family, you should qualify for something in the 800-900K range in the Bronx.

They use your Canadian credit score to qualify you. 

If a property does not pass the self-sufficiency test, the borrower may not qualify for an FHA loan for that property.Using a DPA comes at the cost of a higher rate which makes passing the SST more difficult. 

DSCR for example has less requirements like (No income, No taxes) it uses rents to qualify.

Jay Hinrichs Some people just wants to go around saying to themselves they could and only believe what they want to believe, I guess a hobby can qualify for that.

A savvy qualified buyer would condition their offer on you replacing the full roof.