u/No_Asparagus7243

I guess I cant get a 2nd house

I talked to a few lenders and they agree I have about 650k in equity in my multifamily. I was trying to get a single family that they are asking 550k but needs some work so I was gonna bid a little lower. The lenders are saying I cannot get another loan because my debt to income will be at 54% with the new house. They only count 75% of rents coming in. Is there any other way to get a loan with this I/d ratio? The lender said I need to be under 45%. thanks for the help. im in massachusetts if that matters

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u/No_Asparagus7243 — 9 hours ago