Updated over 3 years ago on . Most recent reply
Getting Pre-Qualified in Multi-Family vs Single Family
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!