Updated over 8 years ago on . Most recent reply
Income needed to get a $600k mortgage?
I'm looking to start investing in real estate soon and have been doing research on multi-family (fourplex) properties in my area. The average price seems to be $590-685k around here. I'm wondering what my income would have to be in order to get approved for a $600k mortgage? Is an FHA loan possible with this amount? All advice welcome, thanks!