With a house hack and low rates while it may not be a home run what will happen if you lock in a year renting at 2k a month and interest rates are at 4% next year unless your income has gone up significantly or your debt down what you can afford has gone down.

I am interested in buyingth property but I bought a house less than a year ago and my debt to income ratio does not work for another mortgage.

A credit score will be the lipness test for them on how good you are about paying back debt.

Make about 140k/yr and debt free.

In general, interest only debt can be an awesome tool.

I am able to place 25% down on both and I own both my cars and the only debt I have is my personal mortgage for a home that does not stretch my finances at all. 

So do I hammer out the $900k I owe and get debt free, retire and live below my means or refi first two and leverage more deals?

Rising rents, depreciating debt, and opportunity cost of NOT investing. 

“Then the lender can figure your income to include that projected rental income, which may help you qualify for better terms and offset your payment.”I’m trying to qualify for another single family property but debt-to-income is too high.

Then sell to a 4% cap rate buyer.For example, someone is buying at 3% cap rate with debt of 3.1%+LIBOR.