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Is the projected rental income from a multi family counted towards the income amount in DTI? Any limitations or whatnot? Thanks
75% of the projected rental income is included in calculating the affordable payment for a multi-family property but is not considered part of your DTI calculations.
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How does the landlord fund of $400 factor into it, if it does?
DTI is 31% (mortgage payment) + 9% (Debt: loans and credit cards)
The landlord fund has no bearing on DTI.