. :)That’s exactly what I was thinking, @Cara Lonsdale! 

If the car you own is not necessary, you could save even more to sell your vehicle and move to a more economical car as this is a depreciating asset. 

Sky commuting would create such an abundance that the commute would cease to be a factor in price.My later thought, in the early 2000s, was that Marriott should stand up an air service using Moller's any-day-now flying car, as they had both the real estate for landing pads (parking lots or rooftops) and the clients who want to go to those locations. 

Cara  -  Interesting idea to do a loan mod. 

I agree, @Cara Lonsdale.

Originally posted by @Cara Lonsdale:I think you got the right answers from people, but just to reiterate....Lenders consider each contract individually, and most likely they have a 'no assignment' in their addendum somewhere. 

Originally posted by @Cara Lonsdale:Welcome @John Cordova and thank you for your service!

I think that @Cara Lonsdale hit the nail pretty close to the head on this one.From my experience, for a residential (1-4 unit) loan, the bank is going to use standard underwriting practices including DTI (unless they are going to portfolio the loan, in which case looking at DSCR would be the wisest choice in my opinion).However, just to clarify a bit:My experience is that they are going to do a personal DTI, not a property-only DTI (again, unless they portfolio, in which case they can do whatever they want).

Cara's post right before me is my favorite in this thread.

Cara Tapken Big box banks don’t deal directly with the public.They have policies of either selling at auction or on the mls.