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Updated over 7 years ago on . Most recent reply

User Stats

55
Posts
11
Votes
Philissa Gilliard
  • Ellenwood, GA
11
Votes |
55
Posts

Existing building rent income to qualify for financing.

Philissa Gilliard
  • Ellenwood, GA
Posted

I was listening to a youtube video regarding purchasing multi family homes and was introduced to another way that I can boost my qualifications for a loan. I want to get a fha 203k loan and just learned that I maybe able to use 75% of existing building rent income to add to my personal income for qualification. Is that a process I can really use?

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