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Updated about 3 years ago on . Most recent reply

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Axel Esparza
  • Member since May 4, 2022
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Axel Esparza
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Axel Esparza
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Multi-Family and Apartment Investing

Getting Pre-Qualified in Multi-Family vs Single Family

Axel Esparza
Posted

Is the process for getting prequalified for a multifamily property different from getting prequalified for a single family? Im new to investing and looking to land my first deal in multifamily real estate. In my area I'm sure you can use 75% of rent income from the property for proof of income when applying for a loan but I'm wondering if the pre qualification process is different. Thanks!

Provo, Utah
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