I always have scheduling issues with HD and price-wise I bet they can be beat.

If you increase your down payment I bet your rate would go to 5.00 or 5.125%, just a guess.Let us know how it goes, hope that helps.

and how is it riskier or safer than investing in apartment buildings?

and I bet if you contacted the state of Nevada they would say the same thing license required does not keep wholesalers from doing this.. they will keep going until told by the state to stop and even then could keep going..  

I bet this first flip motivated you to do more flips. 

My wife says accumulating degrees has become another of my hobbies, but I tell her it's cheaper than golf and safer than chasing women.My only direct experience in RE is a partnership commercial venture that leases to my small business, but I've been reading and listening to the podcast off and on for years.

FHA is your best bet at 3.5% down with a multi-fam.

If anything, just tell them what number works for you (even if it's one that's lower than what they are asking for), and say you will for sure perform at that number and not play games, then I bet some of them will come back to you on deals. 

You bet!

This essentially means you need a lot higher income to qualify for properties as a primary residence while as an investment property the pro is that you get to use rental income to offset your mortgage PITIA and you ONLY have to qualify for whatevers left if the calculation results in a negative cashflow number (if its positive it actually requires zero income or it just helps your situation ).So regarding the topic of how DTI affects what you qualify for, yes DTI is the main determinant that will affect your purchasing power so carefully plan your next 5 moves like PBD patrick bet david says but in this context its the next financial strategic moves not PBD's 5 next moves.Let me know if that helps or questions that arise and someone on our team can help shed some light on this often over looked topic further.