We’re now ready to buy a multifamily but because our rented house will continue to count as debt for two years our DTI is way too high (49% after taking into account the mortgage on a new home).

Thinking about settling on one of the properties, but wanted to know if I should continue searching.Thanks in advance,

Any advise on how to structure a legitimate deal if he continues to pay the note and I provide financing for the rehab?

It was the ultimate investment, and His Noodliness continues to reap the rewards.

Hi, @Daniel Mills.You could but why do not you continue using a conventional loan? 

I continued to push the issue and gathered evidence to support my case.

I think we are going to continue looking for a more optimal deal but will keep our feelers out in the blocks a little closer to Hopkins.

My co-signer's name would be removed from the loan, but I would still continue paying my silent partner $1000/month.

Brie, the thought is that I could continue to build equity through the debt. 

So thankfully business started, and continues to be great!