DSCR would be fine so long as you have the proper leases in place.

Always so insightful! 

So you'll have to show that you've made the payments on time for 12 full months (cancelled checks or bank statements to evidence debits on your bank statement to show payment).The 12 months of payment documentation will be required from the underwriter as a condition almost guaranteed 99.999%.Keep in mind what I am talking about here is if you pay an underlying mortgage that you're not obligated on and after the 12 month of payment you are "no longer," subject to the 50% LTV restriction with conventional financing.

What if a married individual has income of $200k+ but the spouse is not in workforce, so that is the total income. i.e below the $300k limit for married filing jointly.

Communication was not good so the entire process so I said no..

I still do have a mortgage on that house, so planning on getting those monthly payments to pay existing mortgage.

A link to FilePlace is at the bottom of every page, so it is easy to find.If you have technical issues, send an email to [email protected] and someone will help you.

I haven't signed up yet, but I really like what I see so far.

Thank you so much!!!

If you use him, let him know that we referred you so he gives us some brownie points. :)http://www.mcgeeheatingandair.com/