Updated over 9 years ago on . Most recent reply
buying third property
New to Bigger Pockets and excited about what I've seen and read so far.
I currently have two properties. One is listed as my primary residence because I lived there for a few years but now I rent it out to tenants. I also bought a second home because I thought I was changing jobs and moving. However, a different opportunity fell in my lap and I'll be in a different city and looking to buy and make it my primary residence.
My question is this: if i have the two properties mentioned above rented out does the bank waive those mortgage payments so they don't count against my debt to income ratio? Do I have to showed signed leases? Have tax returns? etc?