Updated over 7 years ago on . Most recent reply

Existing building rent income to qualify for financing.
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?