🤔 How much you need to buy a home #shorts
Summary
This short video explains how lenders use the Debt to Income (DTI) ratio to determine the amount they can lend. It highlights a strategy where buying a multi-family property and renting out the units allows the buyer to include a percentage of those rents towards income, lowering the DTI ratio and potentially qualifying for a more expensive property.
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Curated by Learn STR by GoStudioM